Is 80129, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80129 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 80129 has remained a Seller's Market.

Key Takeaway

80129 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80129, CO

How much do homes in 80129, CO cost?

Median Sold Price

$673,000

$316/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$27,000(-3.9%)

Key Takeaway

Homes in 80129 have sold for 3.9% less than they did a year ago.

Summary: The median home sold price in 80129 was $673,000 in April 2024, down 3.9% from last year, and the median price per square foot was $316.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $318K$326.2K
+2.6%
2 $535K$547.5K
+2.3%
3 $632.5K$640K
+1.2%
4 $715K$705K
-1.4%
5+ $1.0M$890K
-11.9%

Summary: 80129 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 11.9%.

Median Sold Price Compared To Nearby Zip Codes

80125
+2.7%
80122
-0.1%
80126
-0.2%
80120
-0.2%
80129
-3.9%

Housing Supply in 80129, CO

How many homes are available in 80129, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5393+75.5%

Summary: The 80129 real estate market had 93 homes for sale in April 2024, a 75.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1013
+30.0%
3 1524
+60.0%
4 1830
+66.7%
5+ 1026
+160.0%

Summary: The 80129 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 30%, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 160%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1130+172.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80129, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.

Summary: A total of 30 homes were sold or pending in 80129 in April 2024, up by 172.7% month-over-month. Of the 30 sold homes, 33% were sold under asking, 20% were sold at asking, and 47% were sold over asking.

Days on Market for 80129, CO

How long does it take to sell a home in 80129, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
19 Days11 Days-42.5%

Summary: Homes in 80129 had an average of 11 days on market in Apr 2024, down by 42.5% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80129 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 30 homes were sold in 80129; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in 80129, CO

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