Is 80123, 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, 80123 has remained a Seller's Market.
Housing Prices in 80123, CO
How much do homes in 80123, CO cost?
Median Sold Price
$599,428
$336/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 80123 was $599,428 in March 2024, up 1.2% from last year, and the median price per square foot was $336.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $285K | $310K | +8.8% |
2 Bedrooms | $420K | $420.4K | 0.1% |
3 Bedrooms | $591.2K | $597.5K | +1.1% |
4 Bedrooms | $685K | $690K | +0.7% |
5+ Bedrooms | $900K | $1.2M | +42.8% |
Summary: 80123 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 42.8%.
Housing Supply in 80123, CO
How many homes are available in 80123, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
203 | 264 | +30.0% |
Summary: The 80123 real estate market had 264 homes for sale in March 2024, a 30.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 17 | +88.9% |
2 Bedrooms | 57 | 67 | +17.5% |
3 Bedrooms | 53 | 65 | +22.6% |
4 Bedrooms | 56 | 73 | +30.4% |
5+ Bedrooms | 28 | 42 | +50.0% |
Summary: The 80123 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 88.9%, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 22.6%, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
66 | 74 | +12.1% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
36 Homes Were Sold
Over Asking
Summary: A total of 74 homes were sold or pending in 80123 in March 2024, up by 12.1% month-over-month. Of the 74 sold homes, 24% were sold under asking, 27% were sold at asking, and 49% were sold over asking.
Days on Market for 80123, CO
How long does it take to sell a home in 80123, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
26 Days | 40 Days | +50.1% |
Summary: Homes in 80123 had an average of 40 days on market in Mar 2024, up by 50.1% compared to last year.
Breakdown of Home Sale Times
53 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During March 2024, 74 homes were sold in 80123; 72% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.