Is 80205, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 80205 was a Seller's Market.
Housing Prices in 80205, CO
How much do homes in 80205, CO cost?
Median Sold Price
$626,416
$461/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 80205 was $626,416 in March 2024, down 5.5% from last year, and the median price per square foot was $461.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $417K | $400K | -4.1% |
2 Bedrooms | $599.9K | $561K | -6.5% |
3 Bedrooms | $760K | $668K | -12.1% |
4 Bedrooms | $882K | $796.5K | -9.7% |
5+ Bedrooms | $1.1M | $917.5K | -16.6% |
Summary: 80205 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes decreased by 16.6%.
Housing Supply in 80205, CO
How many homes are available in 80205, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
174 | 222 | +27.6% |
Summary: The 80205 real estate market had 222 homes for sale in March 2024, a 27.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 37 | 50 | +35.1% |
2 Bedrooms | 62 | 70 | +12.9% |
3 Bedrooms | 45 | 61 | +35.6% |
4 Bedrooms | 22 | 30 | +36.4% |
5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The 80205 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 35.1%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 35.6%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 36 | +20.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in 80205 in March 2024, up by 20.0% month-over-month. Of the 36 sold homes, 28% were sold under asking, 42% were sold at asking, and 31% were sold over asking.
Days on Market for 80205, CO
How long does it take to sell a home in 80205, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
20 Days | 19 Days | -7.8% |
Summary: Homes in 80205 had an average of 19 days on market in Mar 2024, down by 7.8% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 36 homes were sold in 80205; 78% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.