Is 80216, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 80216 was a Seller's Market.
Housing Prices in 80216, CO
How much do homes in 80216, CO cost?
Median Sold Price
$420,000
$380/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80216 was $420,000 in April 2024, down 9.8% from last year, and the median price per square foot was $380.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $285K | $242.5K | -14.9% |
2 Bedrooms | $455K | $420K | -7.7% |
3 Bedrooms | $505K | $442K | -12.5% |
4 Bedrooms | - | $515K | N/A |
5+ Bedrooms | $542K | $620K | +14.4% |
Summary: 80216 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.9%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 14.4%.
Housing Supply in 80216, CO
How many homes are available in 80216, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 33 | +65.0% |
Summary: The 80216 real estate market had 33 homes for sale in April 2024, a 65.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 13 | +62.5% |
3 Bedrooms | 6 | 10 | +66.7% |
4 Bedrooms | 1 | 5 | +400.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 80216 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 62.5%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 400%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 80216 in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for 80216, CO
How long does it take to sell a home in 80216, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
89 Days | 29 Days | -67.7% |
Summary: Homes in 80216 had an average of 29 days on market in Apr 2024, down by 67.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in 80216; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.