Is 80223, 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, 80223 has remained a Seller's Market.
Housing Prices in 80223, CO
How much do homes in 80223, CO cost?
Median Sold Price
$498,500
$439/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80223 was $498,500 in April 2024, down 9.4% from last year, and the median price per square foot was $439.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $395K | $380K | -3.8% |
2 Bedrooms | $500K | $452.5K | -9.5% |
3 Bedrooms | $567K | $515K | -9.2% |
4 Bedrooms | $603K | $583K | -3.3% |
5+ Bedrooms | $910K | $925K | +1.6% |
Summary: 80223 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 1.6%.
Housing Supply in 80223, CO
How many homes are available in 80223, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
58 | 95 | +63.8% |
Summary: The 80223 real estate market had 95 homes for sale in April 2024, a 63.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 11 | +120.0% |
2 Bedrooms | 17 | 25 | +47.1% |
3 Bedrooms | 20 | 36 | +80.0% |
4 Bedrooms | 12 | 16 | +33.3% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The 80223 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 120%, 2 bedroom homes increased by 47.1%, 3 bedroom homes increased by 80%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 27 | +440.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 80223 in April 2024, up by 440.0% month-over-month. Of the 27 sold homes, 30% were sold under asking, 19% were sold at asking, and 52% were sold over asking.
Days on Market for 80223, CO
How long does it take to sell a home in 80223, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 30 Days | +140.7% |
Summary: Homes in 80223 had an average of 30 days on market in Apr 2024, up by 140.7% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in 80223; 74% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.