Is 80214, 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, 80214 has remained a Seller's Market.
Housing Prices in 80214, CO
How much do homes in 80214, CO cost?
Median Sold Price
$599,900
$389/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 80214 was $599,900 in March 2024, up 1.8% from last year, and the median price per square foot was $389.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $312.5K | $262K | -16.2% |
2 Bedrooms | $417.5K | $437K | +4.7% |
3 Bedrooms | $627.7K | $605K | -3.6% |
4 Bedrooms | $743.5K | $765K | +2.9% |
5+ Bedrooms | $767.5K | $899K | +17.1% |
Summary: 80214 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.2%, 2 bedroom homes increased by 4.7%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 17.1%.
Housing Supply in 80214, CO
How many homes are available in 80214, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
77 | 95 | +23.4% |
Summary: The 80214 real estate market had 95 homes for sale in March 2024, a 23.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 24 | 31 | +29.2% |
3 Bedrooms | 19 | 27 | +42.1% |
4 Bedrooms | 11 | 14 | +27.3% |
5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The 80214 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 29.2%, 3 bedroom homes increased by 42.1%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 17 | -22.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 80214 in March 2024, down by 22.7% month-over-month. Of the 17 sold homes, 29% were sold under asking, 18% were sold at asking, and 53% were sold over asking.
Days on Market for 80214, CO
How long does it take to sell a home in 80214, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
37 Days | 49 Days | +34.2% |
Summary: Homes in 80214 had an average of 49 days on market in Mar 2024, up by 34.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in 80214; 59% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.