Is 80011, 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, 80011 has remained a Seller's Market.
Key Takeaway
80011 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80011, CO
How much do homes in 80011, CO cost?
Median Sold Price
$440,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 80011 have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in 80011 was $440,000 in April 2024, up 3.5% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $209K | $210K | 0.5% |
| 2 Bedrooms | $330K | $275K | -16.7% |
| 3 Bedrooms | $428.6K | $440K | +2.7% |
| 4 Bedrooms | $481K | $457.2K | -4.9% |
| 5+ Bedrooms | $500K | $477K | -4.6% |
Summary: 80011 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes decreased by 4.6%.
Housing Supply in 80011, CO
How many homes are available in 80011, CO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 81 | 135 | +66.7% |
Summary: The 80011 real estate market had 135 homes for sale in April 2024, a 66.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 8 | +166.7% |
| 2 Bedrooms | 10 | 20 | +100.0% |
| 3 Bedrooms | 34 | 52 | +52.9% |
| 4 Bedrooms | 18 | 34 | +88.9% |
| 5+ Bedrooms | 16 | 21 | +31.3% |
Summary: The 80011 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 166.7%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 52.9%, 4 bedroom homes increased by 88.9%, and 5+ bedroom homes increased by 31.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 28 | +154.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80011, you could pay more than the asking price. 46.4% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in 80011 in April 2024, up by 154.5% month-over-month. Of the 28 sold homes, 43% were sold under asking, 11% were sold at asking, and 46% were sold over asking.
Days on Market for 80011, CO
How long does it take to sell a home in 80011, CO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 18 Days | 25 Days | +42.6% |
Summary: Homes in 80011 had an average of 25 days on market in Apr 2024, up by 42.6% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 80011 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 28 homes were sold in 80011; 75% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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