Is 80007, 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, 80007 has remained a Seller's Market.
Housing Prices in 80007, CO
How much do homes in 80007, CO cost?
Median Sold Price
$852,000
$297/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80007 was $852,000 in April 2024, down 5.3% from last year, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $810K | N/A |
2 Bedrooms | $525K | $510K | -2.9% |
3 Bedrooms | $765K | $775K | +1.3% |
4 Bedrooms | $940K | $875K | -6.9% |
5+ Bedrooms | $1.2M | $1.0M | -12.2% |
Summary: 80007 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes decreased by 12.2%.
Housing Supply in 80007, CO
How many homes are available in 80007, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
64 | 89 | +39.1% |
Summary: The 80007 real estate market had 89 homes for sale in April 2024, a 39.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 12 | +33.3% |
3 Bedrooms | 21 | 30 | +42.9% |
4 Bedrooms | 21 | 24 | +14.3% |
5+ Bedrooms | 13 | 23 | +76.9% |
Summary: The 80007 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 33.3%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 76.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 25 | +66.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 80007 in April 2024, up by 66.7% month-over-month. Of the 25 sold homes, 40% were sold under asking, 24% were sold at asking, and 36% were sold over asking.
Days on Market for 80007, CO
How long does it take to sell a home in 80007, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 23 Days | +25.4% |
Summary: Homes in 80007 had an average of 23 days on market in Apr 2024, up by 25.4% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in 80007; 84% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.