Is 80121, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 80121 was a Neutral Market.
Housing Prices in 80121, CO
How much do homes in 80121, CO cost?
Median Sold Price
$817,000
$358/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80121 was $817,000 in April 2024, up 8.9% from last year, and the median price per square foot was $358.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $555K | $525K | -5.4% |
3 Bedrooms | $616K | $677.5K | +10.0% |
4 Bedrooms | $760K | $842.5K | +10.9% |
5+ Bedrooms | $1.8M | $2.2M | +24.3% |
Summary: 80121 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 24.3%.
Housing Supply in 80121, CO
How many homes are available in 80121, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 78 | +44.4% |
Summary: The 80121 real estate market had 78 homes for sale in April 2024, a 44.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 17 | 23 | +35.3% |
4 Bedrooms | 15 | 21 | +40.0% |
5+ Bedrooms | 19 | 30 | +57.9% |
Summary: The 80121 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 35.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 57.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 25 | +400.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 80121 in April 2024, up by 400.0% month-over-month. Of the 25 sold homes, 20% were sold under asking, 32% were sold at asking, and 48% were sold over asking.
Days on Market for 80121, CO
How long does it take to sell a home in 80121, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 23 Days | +156.4% |
Summary: Homes in 80121 had an average of 23 days on market in Apr 2024, up by 156.4% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in 80121; 80% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.