Is 80003, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 80003 has remained a Seller's Market.
Housing Prices in 80003, CO
How much do homes in 80003, CO cost?
Median Sold Price
$541,273
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 80003 was $541,273 in March 2024, down 1.1% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $299K | $280K | -6.4% |
2 Bedrooms | $369.5K | $361K | -2.3% |
3 Bedrooms | $545K | $525K | -3.7% |
4 Bedrooms | $585K | $590K | +0.9% |
5+ Bedrooms | $605K | $615K | +1.7% |
Summary: 80003 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.4%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 1.7%.
Housing Supply in 80003, CO
How many homes are available in 80003, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
147 | 161 | +9.5% |
Summary: The 80003 real estate market had 161 homes for sale in March 2024, a 9.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 28 | 39 | +39.3% |
3 Bedrooms | 49 | 42 | -14.3% |
4 Bedrooms | 42 | 55 | +31.0% |
5+ Bedrooms | 27 | 24 | -11.1% |
Summary: The 80003 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 39.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 31%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
48 | 49 | +2.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in 80003 in March 2024, up by 2.1% month-over-month. Of the 49 sold homes, 20% were sold under asking, 24% were sold at asking, and 55% were sold over asking.
Days on Market for 80003, CO
How long does it take to sell a home in 80003, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 26 Days | -18.5% |
Summary: Homes in 80003 had an average of 26 days on market in Mar 2024, down by 18.5% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 49 homes were sold in 80003; 78% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.