Is 80222, 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, 80222 has remained a Seller's Market.
Housing Prices in 80222, CO
How much do homes in 80222, CO cost?
Median Sold Price
$635,000
$374/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80222 was $635,000 in April 2024, down 4.5% from last year, and the median price per square foot was $374.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $231.5K | +5.2% |
2 Bedrooms | $328.5K | $290.3K | -11.6% |
3 Bedrooms | $660K | $630K | -4.5% |
4 Bedrooms | $760K | $749.9K | -1.3% |
5+ Bedrooms | $840K | $945K | +12.5% |
Summary: 80222 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.2%, 2 bedroom homes decreased by 11.6%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 12.5%.
Housing Supply in 80222, CO
How many homes are available in 80222, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
85 | 124 | +45.9% |
Summary: The 80222 real estate market had 124 homes for sale in April 2024, a 45.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 7 | +600.0% |
2 Bedrooms | 24 | 40 | +66.7% |
3 Bedrooms | 25 | 34 | +36.0% |
4 Bedrooms | 23 | 30 | +30.4% |
5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The 80222 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 600%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 36%, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 29 | +141.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 80222 in April 2024, up by 141.7% month-over-month. Of the 29 sold homes, 45% were sold under asking, 3% were sold at asking, and 52% were sold over asking.
Days on Market for 80222, CO
How long does it take to sell a home in 80222, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 11 Days | +54.6% |
Summary: Homes in 80222 had an average of 11 days on market in Apr 2024, up by 54.6% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 29 homes were sold in 80222; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.