Is 80002, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 80002 was a Buyer's Market.
Housing Prices in 80002, CO
How much do homes in 80002, CO cost?
Median Sold Price
$575,000
$353/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80002 was $575,000 in April 2024, up 1.3% from last year, and the median price per square foot was $353.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $357.5K | $365K | +2.1% |
2 Bedrooms | $480K | $515K | +7.3% |
3 Bedrooms | $587K | $560.9K | -4.4% |
4 Bedrooms | $692.4K | $645K | -6.9% |
5+ Bedrooms | $725K | $874K | +20.6% |
Summary: 80002 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 7.3%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 20.6%.
Housing Supply in 80002, CO
How many homes are available in 80002, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 67 | +55.8% |
Summary: The 80002 real estate market had 67 homes for sale in April 2024, a 55.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 6 | 13 | +116.7% |
3 Bedrooms | 17 | 23 | +35.3% |
4 Bedrooms | 14 | 24 | +71.4% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 80002 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 116.7%, 3 bedroom homes increased by 35.3%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 22 | +266.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 80002 in April 2024, up by 266.7% month-over-month. Of the 22 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.
Days on Market for 80002, CO
How long does it take to sell a home in 80002, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 30 Days | +175.6% |
Summary: Homes in 80002 had an average of 30 days on market in Apr 2024, up by 175.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in 80002; 59% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.