Is 80207, 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, 80207 has remained a Seller's Market.
Housing Prices in 80207, CO
How much do homes in 80207, CO cost?
Median Sold Price
$634,966
$417/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 80207 was $634,966 in March 2024, down 3.8% from last year, and the median price per square foot was $417.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $425K | $312K | -26.6% |
2 Bedrooms | $460.5K | $445K | -3.4% |
3 Bedrooms | $654.5K | $635K | -3.0% |
4 Bedrooms | $825K | $715.5K | -13.3% |
5+ Bedrooms | $809.2K | $1.2M | +50.3% |
Summary: 80207 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.6%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 50.3%.
Housing Supply in 80207, CO
How many homes are available in 80207, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
116 | 133 | +14.7% |
Summary: The 80207 real estate market had 133 homes for sale in March 2024, a 14.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 19 | 22 | +15.8% |
3 Bedrooms | 33 | 35 | +6.1% |
4 Bedrooms | 44 | 50 | +13.6% |
5+ Bedrooms | 18 | 24 | +33.3% |
Summary: The 80207 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 40 | +66.7% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in 80207 in March 2024, up by 66.7% month-over-month. Of the 40 sold homes, 38% were sold under asking, 23% were sold at asking, and 40% were sold over asking.
Days on Market for 80207, CO
How long does it take to sell a home in 80207, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
29 Days | 29 Days | +1.0% |
Summary: Homes in 80207 had an average of 29 days on market in Mar 2024, up by 1% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 40 homes were sold in 80207; 68% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.