Is 80017, 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, 80017 has remained a Seller's Market.
Key Takeaway
80017 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80017, CO
How much do homes in 80017, CO cost?
Median Sold Price
$409,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 80017 have sold for 7.4% less than they did a year ago.
Summary: The median home sold price in 80017 was $409,000 in April 2024, down 7.4% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $220K | +2.3% |
| 2 Bedrooms | $346K | $318.2K | -8.0% |
| 3 Bedrooms | $457K | $430K | -5.9% |
| 4 Bedrooms | $503K | $492.5K | -2.1% |
| 5+ Bedrooms | $525K | $535K | +1.9% |
Summary: 80017 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 1.9%.
Housing Supply in 80017, CO
How many homes are available in 80017, CO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 99 | 156 | +57.6% |
Summary: The 80017 real estate market had 156 homes for sale in April 2024, a 57.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 17 | +88.9% |
| 2 Bedrooms | 37 | 49 | +32.4% |
| 3 Bedrooms | 25 | 45 | +80.0% |
| 4 Bedrooms | 22 | 35 | +59.1% |
| 5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The 80017 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 88.9%, 2 bedroom homes increased by 32.4%, 3 bedroom homes increased by 80%, 4 bedroom homes increased by 59.1%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 33 | +230.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80017, you could pay more than the asking price. 36.4% of homes here sold above asking price last month.
Summary: A total of 33 homes were sold or pending in 80017 in April 2024, up by 230.0% month-over-month. Of the 33 sold homes, 30% were sold under asking, 33% were sold at asking, and 36% were sold over asking.
Days on Market for 80017, CO
How long does it take to sell a home in 80017, CO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 28 Days | 18 Days | -34.4% |
Summary: Homes in 80017 had an average of 18 days on market in Apr 2024, down by 34.4% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 80017 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 33 homes were sold in 80017; 79% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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