Is 80022, 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, 80022 has remained a Seller's Market.
Housing Prices in 80022, CO
How much do homes in 80022, CO cost?
Median Sold Price
$525,000
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80022 was $525,000 in April 2024, down 3.2% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $319.9K | $376K | +17.5% |
2 Bedrooms | $371K | $379K | +2.2% |
3 Bedrooms | $524.9K | $498.3K | -5.1% |
4 Bedrooms | $589.9K | $574.9K | -2.5% |
5+ Bedrooms | $620K | $601.4K | -3.0% |
Summary: 80022 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.5%, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 3%.
Housing Supply in 80022, CO
How many homes are available in 80022, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
235 | 348 | +48.1% |
Summary: The 80022 real estate market had 348 homes for sale in April 2024, a 48.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 27 | 38 | +40.7% |
3 Bedrooms | 100 | 148 | +48.0% |
4 Bedrooms | 68 | 109 | +60.3% |
5+ Bedrooms | 39 | 53 | +35.9% |
Summary: The 80022 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 40.7%, 3 bedroom homes increased by 48%, 4 bedroom homes increased by 60.3%, and 5+ bedroom homes increased by 35.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 95 | +578.6% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
38 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 95 homes were sold or pending in 80022 in April 2024, up by 578.6% month-over-month. Of the 95 sold homes, 29% were sold under asking, 40% were sold at asking, and 31% were sold over asking.
Days on Market for 80022, CO
How long does it take to sell a home in 80022, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 33 Days | +25.0% |
Summary: Homes in 80022 had an average of 33 days on market in Apr 2024, up by 25% compared to last year.
Breakdown of Home Sale Times
66 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During April 2024, 95 homes were sold in 80022; 69% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.