Is 80206, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 80206 was a Seller's Market.
Housing Prices in 80206, CO
How much do homes in 80206, CO cost?
Median Sold Price
$1,001,000
$491/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80206 was $1,001,000 in April 2024, down 10.1% from last year, and the median price per square foot was $491.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $315K | $354.7K | +12.6% |
2 Bedrooms | $685K | $770K | +12.4% |
3 Bedrooms | $1.1M | $1.0M | -3.0% |
4 Bedrooms | $1.3M | $1.3M | +3.3% |
5+ Bedrooms | $1.5M | $1.6M | +5.8% |
Summary: 80206 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.6%, 2 bedroom homes increased by 12.4%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 5.8%.
Housing Supply in 80206, CO
How many homes are available in 80206, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
82 | 137 | +67.1% |
Summary: The 80206 real estate market had 137 homes for sale in April 2024, a 67.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 18 | +63.6% |
2 Bedrooms | 16 | 26 | +62.5% |
3 Bedrooms | 26 | 41 | +57.7% |
4 Bedrooms | 22 | 37 | +68.2% |
5+ Bedrooms | 7 | 15 | +114.3% |
Summary: The 80206 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 63.6%, 2 bedroom homes increased by 62.5%, 3 bedroom homes increased by 57.7%, 4 bedroom homes increased by 68.2%, and 5+ bedroom homes increased by 114.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 21 | +110.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 80206 in April 2024, up by 110.0% month-over-month. Of the 21 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for 80206, CO
How long does it take to sell a home in 80206, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 39 Days | +172.6% |
Summary: Homes in 80206 had an average of 39 days on market in Apr 2024, up by 172.6% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in 80206; 67% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.