Is 80108, 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, 80108 has remained a Seller's Market.
Housing Prices in 80108, CO
How much do homes in 80108, CO cost?
Median Sold Price
$900,000
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 80108 was $900,000 in March 2024, up 2.9% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $318.5K | $295K | -7.4% |
2 Bedrooms | $500K | $526K | +5.2% |
3 Bedrooms | $731K | $798.2K | +9.2% |
4 Bedrooms | $862K | $900K | +4.4% |
5+ Bedrooms | $1.0M | $1.1M | +2.6% |
Summary: 80108 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.4%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 2.6%.
Housing Supply in 80108, CO
How many homes are available in 80108, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
249 | 297 | +19.3% |
Summary: The 80108 real estate market had 297 homes for sale in March 2024, a 19.3% 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 | 16 | 20 | +25.0% |
3 Bedrooms | 61 | 65 | +6.6% |
4 Bedrooms | 96 | 100 | +4.2% |
5+ Bedrooms | 76 | 112 | +47.4% |
Summary: The 80108 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 25%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 47.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
56 | 66 | +17.9% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 66 homes were sold or pending in 80108 in March 2024, up by 17.9% month-over-month. Of the 66 sold homes, 50% were sold under asking, 27% were sold at asking, and 23% were sold over asking.
Days on Market for 80108, CO
How long does it take to sell a home in 80108, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
37 Days | 67 Days | +80.4% |
Summary: Homes in 80108 had an average of 67 days on market in Mar 2024, up by 80.4% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Summary: During March 2024, 66 homes were sold in 80108; 48% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.