Is 80031, 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, 80031 has remained a Seller's Market.
Housing Prices in 80031, CO
How much do homes in 80031, CO cost?
Median Sold Price
$545,000
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80031 was $545,000 in April 2024, down 0.9% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220.5K | $231.5K | +5.0% |
2 Bedrooms | $375.2K | $437K | +16.5% |
3 Bedrooms | $540K | $518.7K | -3.9% |
4 Bedrooms | $592.5K | $655K | +10.5% |
5+ Bedrooms | $670K | $710K | +6.0% |
Summary: 80031 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 16.5%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 6%.
Housing Supply in 80031, CO
How many homes are available in 80031, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
82 | 128 | +56.1% |
Summary: The 80031 real estate market had 128 homes for sale in April 2024, a 56.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 6 | +100.0% |
2 Bedrooms | 15 | 20 | +33.3% |
3 Bedrooms | 30 | 44 | +46.7% |
4 Bedrooms | 24 | 34 | +41.7% |
5+ Bedrooms | 10 | 24 | +140.0% |
Summary: The 80031 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 46.7%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes increased by 140%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 23 | +64.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 80031 in April 2024, up by 64.3% month-over-month. Of the 23 sold homes, 43% were sold under asking, 17% were sold at asking, and 39% were sold over asking.
Days on Market for 80031, CO
How long does it take to sell a home in 80031, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 17 Days | +18.0% |
Summary: Homes in 80031 had an average of 17 days on market in Apr 2024, up by 18% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in 80031; 83% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.