Is 80222, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80222 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 80222 has remained a Seller's Market.

Key Takeaway

80222 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

-$30,000(-4.5%)

Key Takeaway

Homes in 80222 have sold for 4.5% less than they did a year ago.

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

# BEDSApr 2023Apr 2024CHANGE
1 $220K$231.5K
+5.2%
2 $328.5K$290.3K
-11.6%
3 $660K$630K
-4.5%
4 $760K$749.9K
-1.3%
5+ $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%.

Median Sold Price Compared To Nearby Zip Codes

80237
+47.7%
80224
-2.4%
80246
-3.2%
80222
-4.5%
80210
-12.1%

Housing Supply in 80222, CO

How many homes are available in 80222, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
85124+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

# BEDSMar 2024Apr 2024CHANGE
1 17
+600.0%
2 2440
+66.7%
3 2534
+36.0%
4 2330
+30.4%
5+ 1213
+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 2024Apr 2024CHANGE
1229+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80222, you could pay more than the asking price. 51.7% of homes here sold above asking price last month.

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 2023Apr 2024CHANGE
7 Days11 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80222 are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

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