Is 80027, 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, 80027 has remained a Seller's Market.
Housing Prices in 80027, CO
How much do homes in 80027, CO cost?
Median Sold Price
$849,833
$378/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80027 was $849,833 in April 2024, up 1.5% from last year, and the median price per square foot was $378.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325.5K | $350K | +7.5% |
2 Bedrooms | $508.7K | $455K | -10.6% |
3 Bedrooms | $770K | $770.7K | 0.1% |
4 Bedrooms | $902.2K | $940K | +4.2% |
5+ Bedrooms | $1.1M | $1.1M | +1.1% |
Summary: 80027 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes decreased by 10.6%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 1.1%.
Housing Supply in 80027, CO
How many homes are available in 80027, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
133 | 174 | +30.8% |
Summary: The 80027 real estate market had 174 homes for sale in April 2024, a 30.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 21 | 29 | +38.1% |
3 Bedrooms | 39 | 46 | +17.9% |
4 Bedrooms | 33 | 53 | +60.6% |
5+ Bedrooms | 38 | 43 | +13.2% |
Summary: The 80027 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 38.1%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 60.6%, and 5+ bedroom homes increased by 13.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 39 | +44.4% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in 80027 in April 2024, up by 44.4% month-over-month. Of the 39 sold homes, 51% were sold under asking, 28% were sold at asking, and 21% were sold over asking.
Days on Market for 80027, CO
How long does it take to sell a home in 80027, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 50 Days | +15.2% |
Summary: Homes in 80027 had an average of 50 days on market in Apr 2024, up by 15.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 39 homes were sold in 80027; 38% of homes were sold within 30 days, 49% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.