Is 80134, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80134 is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, 80134 has remained a Seller's Market.

Key Takeaway

80134 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80134, CO

How much do homes in 80134, CO cost?

Median Sold Price

$650,497

$282/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$33,237(-4.9%)

Key Takeaway

Homes in 80134 have sold for 4.9% less than they did a year ago.

Summary: The median home sold price in 80134 was $650,497 in February 2024, down 4.9% from last year, and the median price per square foot was $282.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $301K$309K
+2.7%
2 $402K$385K
-4.2%
3 $590K$590.9K
0.2%
4 $722.5K$702.6K
-2.8%
5+ $820K$830K
+1.2%

Summary: 80134 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 1.2%.

Median Sold Price Compared To Nearby Zip Codes

80124
+3.8%
80108
+1.9%
80138
-0.2%
80112
-0.3%
80134
-4.9%

Housing Supply in 80134, CO

How many homes are available in 80134, CO?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
481559+16.2%

Summary: The 80134 real estate market had 559 homes for sale in February 2024, a 16.2% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 53
-40.0%
2 4760
+27.7%
3 177171
-3.4%
4 138185
+34.1%
5+ 114140
+22.8%

Summary: The 80134 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 27.7%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 34.1%, and 5+ bedroom homes increased by 22.8%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
110121+10.0%

Asking Price vs. Sold Price

72 Homes Were Sold
Under Asking

30 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80134, you may be able to get a good deal. 59.5% of homes here sold below asking price last month.

Summary: A total of 121 homes were sold or pending in 80134 in February 2024, up by 10.0% month-over-month. Of the 121 sold homes, 60% were sold under asking, 25% were sold at asking, and 16% were sold over asking.

Days on Market for 80134, CO

How long does it take to sell a home in 80134, CO?

Average Sale Time

Feb 2023Feb 2024CHANGE
63 Days59 Days-6.4%

Summary: Homes in 80134 had an average of 59 days on market in Feb 2024, down by 6.4% compared to last year.

Breakdown of Home Sale Times

49 Homes Were Sold
Under 30 Days

43 Homes Were Sold
In 30 - 90 Days

29 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80134 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 121 homes were sold in 80134; 40% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 24% 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 27 Days Ago

Newest Listings in 80134, CO

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