Is 80219, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80219 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 80219 has remained a Seller's Market.

Key Takeaway

80219 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80219, CO

How much do homes in 80219, CO cost?

Median Sold Price

$477,000

$373/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$9,531(-2.0%)

Key Takeaway

Homes in 80219 have sold for 2% less than they did a year ago.

Summary: The median home sold price in 80219 was $477,000 in March 2024, down 2% from last year, and the median price per square foot was $373.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $250K$340K
+36.0%
2 $422.2K$419K
-0.8%
3 $499K$480.3K
-3.7%
4 $533.5K$538K
+0.8%
5+ $600K$575K
-4.2%

Summary: 80219 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 4.2%.

Median Sold Price Compared To Nearby Zip Codes

80232
+3.8%
80219
-2.0%
80236
-4.2%
80223
-4.5%
80204
-7.5%

Housing Supply in 80219, CO

How many homes are available in 80219, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
222251+13.1%

Summary: The 80219 real estate market had 251 homes for sale in March 2024, a 13.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 45
+25.0%
2 7075
+7.1%
3 7087
+24.3%
4 5653
-5.4%
5+ 2231
+40.9%

Summary: The 80219 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 24.3%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 40.9%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
6876+11.8%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

26 Homes Were Sold
At Asking

28 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80219, you could pay more than the asking price. 36.8% of homes here sold above asking price last month.

Summary: A total of 76 homes were sold or pending in 80219 in March 2024, up by 11.8% month-over-month. Of the 76 sold homes, 29% were sold under asking, 34% were sold at asking, and 37% were sold over asking.

Days on Market for 80219, CO

How long does it take to sell a home in 80219, CO?

Average Sale Time

Mar 2023Mar 2024CHANGE
37 Days36 Days-2.4%

Summary: Homes in 80219 had an average of 36 days on market in Mar 2024, down by 2.4% compared to last year.

Breakdown of Home Sale Times

55 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80219 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 76 homes were sold in 80219; 72% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 12% 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 80219, CO

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