Is 80108, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80108 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 80108 has remained a Seller's Market.

Key Takeaway

80108 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$25,000(+2.9%)

Key Takeaway

Homes in 80108 have sold for 2.9% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 $318.5K$295K
-7.4%
2 $500K$526K
+5.2%
3 $731K$798.2K
+9.2%
4 $862K$900K
+4.4%
5+ $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%.

Median Sold Price Compared To Nearby Zip Codes

80124
+4.0%
80108
+2.9%
80109
+0.6%
80104
0.0%
80134
-2.4%

Housing Supply in 80108, CO

How many homes are available in 80108, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
249297+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

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1620
+25.0%
3 6165
+6.6%
4 96100
+4.2%
5+ 76112
+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 2024Mar 2024CHANGE
5666+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80108, you may be able to get a good deal. 50% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
37 Days67 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80108 are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in 80108, CO

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