Is 80204, 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, 80204 has remained a Seller's Market.
Housing Prices in 80204, CO
How much do homes in 80204, CO cost?
Median Sold Price
$600,333
$448/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 80204 was $600,333 in March 2024, down 7.5% from last year, and the median price per square foot was $448.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $435K | $322K | -26.0% |
2 Bedrooms | $565K | $572K | +1.2% |
3 Bedrooms | $739K | $740.5K | 0.2% |
4 Bedrooms | $750K | $675K | -10.0% |
5+ Bedrooms | $900K | $836K | -7.1% |
Summary: 80204 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 7.1%.
Housing Supply in 80204, CO
How many homes are available in 80204, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
179 | 249 | +39.1% |
Summary: The 80204 real estate market had 249 homes for sale in March 2024, a 39.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 33 | 39 | +18.2% |
2 Bedrooms | 68 | 104 | +52.9% |
3 Bedrooms | 45 | 61 | +35.6% |
4 Bedrooms | 23 | 36 | +56.5% |
5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 80204 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 52.9%, 3 bedroom homes increased by 35.6%, 4 bedroom homes increased by 56.5%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 45 | +36.4% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in 80204 in March 2024, up by 36.4% month-over-month. Of the 45 sold homes, 47% were sold under asking, 20% were sold at asking, and 33% were sold over asking.
Days on Market for 80204, CO
How long does it take to sell a home in 80204, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
26 Days | 28 Days | +10.8% |
Summary: Homes in 80204 had an average of 28 days on market in Mar 2024, up by 10.8% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 45 homes were sold in 80204; 78% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.