Is 80111, 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, 80111 has remained a Seller's Market.
Housing Prices in 80111, CO
How much do homes in 80111, CO cost?
Median Sold Price
$920,833
$331/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 80111 was $920,833 in March 2024, up 5.8% from last year, and the median price per square foot was $331.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $320K | $295K | -7.8% |
2 Bedrooms | $407.5K | $421.6K | +3.5% |
3 Bedrooms | $654.7K | $727.5K | +11.1% |
4 Bedrooms | $904K | $917.5K | +1.5% |
5+ Bedrooms | $1.3M | $1.3M | +3.9% |
Summary: 80111 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.8%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 3.9%.
Housing Supply in 80111, CO
How many homes are available in 80111, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
132 | 143 | +8.3% |
Summary: The 80111 real estate market had 143 homes for sale in March 2024, a 8.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 14 | +40.0% |
2 Bedrooms | 26 | 29 | +11.5% |
3 Bedrooms | 21 | 21 | 0.0% |
4 Bedrooms | 35 | 36 | +2.9% |
5+ Bedrooms | 40 | 43 | +7.5% |
Summary: The 80111 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 11.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 7.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
43 | 45 | +4.7% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in 80111 in March 2024, up by 4.7% month-over-month. Of the 45 sold homes, 42% were sold under asking, 24% were sold at asking, and 33% were sold over asking.
Days on Market for 80111, CO
How long does it take to sell a home in 80111, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
26 Days | 52 Days | +97.5% |
Summary: Homes in 80111 had an average of 52 days on market in Mar 2024, up by 97.5% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During March 2024, 45 homes were sold in 80111; 56% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.