Is 80215, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80215 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 80215 has remained a Seller's Market.

Key Takeaway

80215 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80215, CO

How much do homes in 80215, CO cost?

Median Sold Price

$695,000

$351/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$36,000(-4.9%)

Key Takeaway

Homes in 80215 have sold for 4.9% less than they did a year ago.

Summary: The median home sold price in 80215 was $695,000 in April 2024, down 4.9% from last year, and the median price per square foot was $351.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$202.5K
N/A
2 $402.5K$275K
-31.7%
3 $634K$670K
+5.7%
4 $845K$752K
-11.0%
5+ $951.2K$1.0M
+13.0%

Summary: 80215 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31.7%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes increased by 13%.

Median Sold Price Compared To Nearby Zip Codes

80401
+2.9%
80214
0.0%
80226
-3.3%
80215
-4.9%
80033
-7.4%

Housing Supply in 80215, CO

How many homes are available in 80215, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4158+41.5%

Summary: The 80215 real estate market had 58 homes for sale in April 2024, a 41.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 811
+37.5%
3 1521
+40.0%
4 1016
+60.0%
5+ 79
+28.6%

Summary: The 80215 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
915+66.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80215, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 80215 in April 2024, up by 66.7% month-over-month. Of the 15 sold homes, 60% were sold under asking, 13% were sold at asking, and 27% were sold over asking.

Days on Market for 80215, CO

How long does it take to sell a home in 80215, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
4 Days23 Days+480.0%

Summary: Homes in 80215 had an average of 23 days on market in Apr 2024, up by 480% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80215 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 15 homes were sold in 80215; 53% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

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