Is 80023, 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, 80023 has remained a Seller's Market.
Housing Prices in 80023, CO
How much do homes in 80023, CO cost?
Median Sold Price
$827,500
$324/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 80023 was $827,500 in March 2024, down 3.2% from last year, and the median price per square foot was $324.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $612K | $585.5K | -4.3% |
3 Bedrooms | $712K | $670K | -5.9% |
4 Bedrooms | $926.8K | $935K | +0.9% |
5+ Bedrooms | $1.2M | $1.1M | -4.4% |
Summary: 80023 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.3%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 4.4%.
Housing Supply in 80023, CO
How many homes are available in 80023, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
154 | 206 | +33.8% |
Summary: The 80023 real estate market had 206 homes for sale in March 2024, a 33.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 31 | 43 | +38.7% |
3 Bedrooms | 40 | 40 | 0.0% |
4 Bedrooms | 39 | 69 | +76.9% |
5+ Bedrooms | 44 | 54 | +22.7% |
Summary: The 80023 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 38.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 76.9%, and 5+ bedroom homes increased by 22.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 39 | +18.2% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in 80023 in March 2024, up by 18.2% month-over-month. Of the 39 sold homes, 56% were sold under asking, 18% were sold at asking, and 26% were sold over asking.
Days on Market for 80023, CO
How long does it take to sell a home in 80023, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 71 Days | +56.3% |
Summary: Homes in 80023 had an average of 71 days on market in Mar 2024, up by 56.3% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 39 homes were sold in 80023; 44% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.