Is 80211, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80211 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 80211 has remained a Seller's Market.

Key Takeaway

80211 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80211, CO

How much do homes in 80211, CO cost?

Median Sold Price

$817,250

$515/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$42,375(-4.9%)

Key Takeaway

Homes in 80211 have sold for 4.9% less than they did a year ago.

Summary: The median home sold price in 80211 was $817,250 in March 2024, down 4.9% from last year, and the median price per square foot was $515.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $470K$457K
-2.8%
2 $683.3K$647K
-5.3%
3 $900K$890K
-1.1%
4 $1.1M$1.1M
-6.8%
5+ $1.3M$1.4M
+5.3%

Summary: 80211 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes increased by 5.3%.

Median Sold Price Compared To Nearby Zip Codes

80221
-0.2%
80211
-4.9%
80212
-5.0%
80204
-7.5%
80202
-12.1%

Housing Supply in 80211, CO

How many homes are available in 80211, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
297342+15.2%

Summary: The 80211 real estate market had 342 homes for sale in March 2024, a 15.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1825
+38.9%
2 9798
+1.0%
3 87107
+23.0%
4 6369
+9.5%
5+ 3243
+34.4%

Summary: The 80211 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 38.9%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 23%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 34.4%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
77770.0%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80211, you may be able to get a good deal. 44.2% of homes here sold below asking price last month.

Summary: A total of 77 homes were sold or pending in 80211 in March 2024, the same as the previous month. Of the 77 sold homes, 44% were sold under asking, 22% were sold at asking, and 34% were sold over asking.

Days on Market for 80211, CO

How long does it take to sell a home in 80211, CO?

Average Sale Time

Mar 2023Mar 2024CHANGE
39 Days35 Days-11.2%

Summary: Homes in 80211 had an average of 35 days on market in Mar 2024, down by 11.2% compared to last year.

Breakdown of Home Sale Times

48 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80211 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 77 homes were sold in 80211; 62% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in 80211, CO

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