Is 80005, 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, 80005 has remained a Seller's Market.
Housing Prices in 80005, CO
How much do homes in 80005, CO cost?
Median Sold Price
$632,625
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 80005 was $632,625 in March 2024, down 1.7% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $262.5K | $274.5K | +4.6% |
2 Bedrooms | $400K | $403K | +0.8% |
3 Bedrooms | $625K | $597.6K | -4.4% |
4 Bedrooms | $683.6K | $705K | +3.1% |
5+ Bedrooms | $795.3K | $850K | +6.9% |
Summary: 80005 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.6%, 2 bedroom homes increased by 0.8%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 6.9%.
Housing Supply in 80005, CO
How many homes are available in 80005, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
127 | 177 | +39.4% |
Summary: The 80005 real estate market had 177 homes for sale in March 2024, a 39.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 7 | -12.5% |
2 Bedrooms | 24 | 40 | +66.7% |
3 Bedrooms | 32 | 47 | +46.9% |
4 Bedrooms | 39 | 58 | +48.7% |
5+ Bedrooms | 24 | 25 | +4.2% |
Summary: The 80005 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 46.9%, 4 bedroom homes increased by 48.7%, and 5+ bedroom homes increased by 4.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 52 | +100.0% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in 80005 in March 2024, up by 100.0% month-over-month. Of the 52 sold homes, 42% were sold under asking, 15% were sold at asking, and 42% were sold over asking.
Days on Market for 80005, CO
How long does it take to sell a home in 80005, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
26 Days | 36 Days | +37.6% |
Summary: Homes in 80005 had an average of 36 days on market in Mar 2024, up by 37.6% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 52 homes were sold in 80005; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.