Is 80221, 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, 80221 has remained a Seller's Market.
Housing Prices in 80221, CO
How much do homes in 80221, CO cost?
Median Sold Price
$550,000
$317/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80221 was $550,000 in April 2024, up 2.8% from last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $399K | $210K | -47.4% |
2 Bedrooms | $485K | $443.5K | -8.6% |
3 Bedrooms | $595K | $585K | -1.7% |
4 Bedrooms | $513.2K | $571K | +11.3% |
5+ Bedrooms | $525.3K | $610K | +16.1% |
Summary: 80221 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.4%, 2 bedroom homes decreased by 8.6%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 16.1%.
Housing Supply in 80221, CO
How many homes are available in 80221, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
96 | 153 | +59.4% |
Summary: The 80221 real estate market had 153 homes for sale in April 2024, a 59.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 16 | 23 | +43.8% |
3 Bedrooms | 35 | 61 | +74.3% |
4 Bedrooms | 35 | 47 | +34.3% |
5+ Bedrooms | 7 | 19 | +171.4% |
Summary: The 80221 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 43.8%, 3 bedroom homes increased by 74.3%, 4 bedroom homes increased by 34.3%, and 5+ bedroom homes increased by 171.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 35 | +150.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in 80221 in April 2024, up by 150.0% month-over-month. Of the 35 sold homes, 40% were sold under asking, 23% were sold at asking, and 37% were sold over asking.
Days on Market for 80221, CO
How long does it take to sell a home in 80221, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 30 Days | +177.3% |
Summary: Homes in 80221 had an average of 30 days on market in Apr 2024, up by 177.3% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 35 homes were sold in 80221; 66% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.