Is 80214, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80214 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 80214 has remained a Seller's Market.

Key Takeaway

80214 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$10,778(+1.8%)

Key Takeaway

Homes in 80214 have sold for 1.8% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 $312.5K$262K
-16.2%
2 $417.5K$437K
+4.7%
3 $627.7K$605K
-3.6%
4 $743.5K$765K
+2.9%
5+ $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%.

Median Sold Price Compared To Nearby Zip Codes

80215
+3.5%
80214
+1.8%
80226
-1.4%
80212
-5.0%
80033
-7.9%

Housing Supply in 80214, CO

How many homes are available in 80214, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7795+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

# BEDSFeb 2024Mar 2024CHANGE
1 67
+16.7%
2 2431
+29.2%
3 1927
+42.1%
4 1114
+27.3%
5+ 1716
-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 2024Mar 2024CHANGE
2217-22.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80214, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.

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 2023Mar 2024CHANGE
37 Days49 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80214 are selling fast, if you're buying plan to act quickly.

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.

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

Report Updated 25 Days Ago

Newest Listings in 80214, CO

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