Is 80218, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 80218 has remained a Seller's Market.
Housing Prices in 80218, CO
How much do homes in 80218, CO cost?
Median Sold Price
$577,500
$464/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80218 was $577,500 in April 2024, up 17.9% from last year, and the median price per square foot was $464.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $315K | $282.5K | -10.3% |
2 Bedrooms | $491.2K | $529K | +7.7% |
3 Bedrooms | $800K | $920K | +15.0% |
4 Bedrooms | $1.1M | $1.3M | +18.9% |
5+ Bedrooms | $1.7M | $1.6M | -5.7% |
Summary: 80218 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.3%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes decreased by 5.7%.
Housing Supply in 80218, CO
How many homes are available in 80218, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
94 | 130 | +38.3% |
Summary: The 80218 real estate market had 130 homes for sale in April 2024, a 38.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 21 | 33 | +57.1% |
2 Bedrooms | 31 | 45 | +45.2% |
3 Bedrooms | 18 | 21 | +16.7% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 14 | 21 | +50.0% |
Summary: The 80218 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 57.1%, 2 bedroom homes increased by 45.2%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 23 | +109.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 80218 in April 2024, up by 109.1% month-over-month. Of the 23 sold homes, 35% were sold under asking, 39% were sold at asking, and 26% were sold over asking.
Days on Market for 80218, CO
How long does it take to sell a home in 80218, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 49 Days | +84.7% |
Summary: Homes in 80218 had an average of 49 days on market in Apr 2024, up by 84.7% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in 80218; 70% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.