Is 80004, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 80004 has remained a Seller's Market.
Housing Prices in 80004, CO
How much do homes in 80004, CO cost?
Median Sold Price
$650,431
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80004 was $650,431 in April 2024, up 2.5% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $330K | $415.2K | +25.8% |
2 Bedrooms | $460K | $465K | +1.1% |
3 Bedrooms | $620K | $600K | -3.2% |
4 Bedrooms | $650K | $665K | +2.3% |
5+ Bedrooms | $691.6K | $685K | -1.0% |
Summary: 80004 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.8%, 2 bedroom homes increased by 1.1%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 1%.
Housing Supply in 80004, CO
How many homes are available in 80004, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
83 | 120 | +44.6% |
Summary: The 80004 real estate market had 120 homes for sale in April 2024, a 44.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 13 | +116.7% |
3 Bedrooms | 27 | 34 | +25.9% |
4 Bedrooms | 29 | 42 | +44.8% |
5+ Bedrooms | 20 | 30 | +50.0% |
Summary: The 80004 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 116.7%, 3 bedroom homes increased by 25.9%, 4 bedroom homes increased by 44.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 42 | +147.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in 80004 in April 2024, up by 147.1% month-over-month. Of the 42 sold homes, 31% were sold under asking, 14% were sold at asking, and 55% were sold over asking.
Days on Market for 80004, CO
How long does it take to sell a home in 80004, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 16 Days | +12.8% |
Summary: Homes in 80004 had an average of 16 days on market in Apr 2024, up by 12.8% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 42 homes were sold in 80004; 83% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.