Is 80124, 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, 80124 has remained a Seller's Market.
Housing Prices in 80124, CO
How much do homes in 80124, CO cost?
Median Sold Price
$813,500
$297/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 80124 was $813,500 in March 2024, up 4% from last year, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $355K | $352K | -0.8% |
2 Bedrooms | $585K | $575K | -1.7% |
3 Bedrooms | $677.5K | $697K | +2.9% |
4 Bedrooms | $782.5K | $800K | +2.2% |
5+ Bedrooms | $1.3M | $1.2M | -4.5% |
Summary: 80124 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 4.5%.
Housing Supply in 80124, CO
How many homes are available in 80124, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
76 | 100 | +31.6% |
Summary: The 80124 real estate market had 100 homes for sale in March 2024, a 31.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 4 | 11 | +175.0% |
3 Bedrooms | 19 | 32 | +68.4% |
4 Bedrooms | 23 | 24 | +4.3% |
5+ Bedrooms | 28 | 33 | +17.9% |
Summary: The 80124 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 175%, 3 bedroom homes increased by 68.4%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 17.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 22 | +10.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 80124 in March 2024, up by 10.0% month-over-month. Of the 22 sold homes, 64% were sold under asking, 32% were sold at asking, and 5% were sold over asking.
Days on Market for 80124, CO
How long does it take to sell a home in 80124, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
51 Days | 71 Days | +38.8% |
Summary: Homes in 80124 had an average of 71 days on market in Mar 2024, up by 38.8% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in 80124; 59% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.