Is 80301, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80301 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 80301 has remained a Seller's Market.

Key Takeaway

80301 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80301, CO

How much do homes in 80301, CO cost?

Median Sold Price

$750,000

$428/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$50,000(+7.1%)

Key Takeaway

Homes in 80301 have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in 80301 was $750,000 in May 2024, up 7.1% from last year, and the median price per square foot was $428.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $310K$325K
+4.8%
2 $429.9K$428K
-0.4%
3 $864.5K$846.2K
-2.1%
4 $1.1M$1.2M
+11.1%
5+ $1.5M$1.4M
-5.6%

Summary: 80301 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 5.6%.

Median Sold Price Compared To Nearby Zip Codes

80303
+15.1%
80304
+9.9%
80301
+7.1%
80026
+3.3%
80302
-7.7%

Housing Supply in 80301, CO

How many homes are available in 80301, CO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
127163+28.3%

Summary: The 80301 real estate market had 163 homes for sale in May 2024, a 28.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 108
-20.0%
2 4154
+31.7%
3 1630
+87.5%
4 3540
+14.3%
5+ 2531
+24.0%

Summary: The 80301 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 31.7%, 3 bedroom homes increased by 87.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 24%.

Number of Homes Sold

Apr 2024May 2024CHANGE
29290.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80301, you may be able to get a good deal. 48.3% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in 80301 in May 2024, the same as the previous month. Of the 29 sold homes, 48% were sold under asking, 38% were sold at asking, and 14% were sold over asking.

Days on Market for 80301, CO

How long does it take to sell a home in 80301, CO?

Average Sale Time

May 2023May 2024CHANGE
29 Days57 Days+99.7%

Summary: Homes in 80301 had an average of 57 days on market in May 2024, up by 99.7% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80301 has remained consistent over time.

Summary: During May 2024, 29 homes were sold in 80301; 41% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in 80301, CO

Nearby Markets to 80301, CO