Is 80203, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 80203 has remained a Seller's Market.
Housing Prices in 80203, CO
How much do homes in 80203, CO cost?
Median Sold Price
$391,000
$443/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80203 was $391,000 in April 2024, down 16.3% from last year, and the median price per square foot was $443.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $332.5K | $300K | -9.8% |
2 Bedrooms | $495K | $486.5K | -1.7% |
3 Bedrooms | $770K | $720K | -6.5% |
4 Bedrooms | $939.5K | $727.5K | -22.6% |
5+ Bedrooms | $1.2M | - | N/A |
Summary: 80203 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.8%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 22.6%, and 5+ bedroom homes did not change.
Housing Supply in 80203, CO
How many homes are available in 80203, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
65 | 97 | +49.2% |
Summary: The 80203 real estate market had 97 homes for sale in April 2024, a 49.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 40 | +73.9% |
2 Bedrooms | 32 | 42 | +31.3% |
3 Bedrooms | 10 | 13 | +30.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The 80203 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 73.9%, 2 bedroom homes increased by 31.3%, 3 bedroom homes increased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 23 | +283.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 80203 in April 2024, up by 283.3% month-over-month. Of the 23 sold homes, 35% were sold under asking, 17% were sold at asking, and 48% were sold over asking.
Days on Market for 80203, CO
How long does it take to sell a home in 80203, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 34 Days | +130.6% |
Summary: Homes in 80203 had an average of 34 days on market in Apr 2024, up by 130.6% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in 80203; 61% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.