Is 80122, 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, 80122 has remained a Seller's Market.
Housing Prices in 80122, CO
How much do homes in 80122, CO cost?
Median Sold Price
$625,000
$292/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 80122 was $625,000 in March 2024, the same as last year, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | $250K | +4.2% |
2 Bedrooms | $395K | $384K | -2.8% |
3 Bedrooms | $537.5K | $515K | -4.2% |
4 Bedrooms | $710K | $694K | -2.3% |
5+ Bedrooms | $794.3K | $790K | -0.5% |
Summary: 80122 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 0.5%.
Housing Supply in 80122, CO
How many homes are available in 80122, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
153 | 194 | +26.8% |
Summary: The 80122 real estate market had 194 homes for sale in March 2024, a 26.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 38 | 43 | +13.2% |
3 Bedrooms | 41 | 55 | +34.1% |
4 Bedrooms | 45 | 57 | +26.7% |
5+ Bedrooms | 26 | 36 | +38.5% |
Summary: The 80122 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 13.2%, 3 bedroom homes increased by 34.1%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes increased by 38.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
46 | 73 | +58.7% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
41 Homes Were Sold
Over Asking
Summary: A total of 73 homes were sold or pending in 80122 in March 2024, up by 58.7% month-over-month. Of the 73 sold homes, 27% were sold under asking, 16% were sold at asking, and 56% were sold over asking.
Days on Market for 80122, CO
How long does it take to sell a home in 80122, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
48 Days | 21 Days | -54.8% |
Summary: Homes in 80122 had an average of 21 days on market in Mar 2024, down by 54.8% compared to last year.
Breakdown of Home Sale Times
61 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 73 homes were sold in 80122; 84% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.