Is 80231, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 80231 was a Seller's Market.
Housing Prices in 80231, CO
How much do homes in 80231, CO cost?
Median Sold Price
$490,000
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80231 was $490,000 in April 2024, up 13.7% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $209K | $202.5K | -3.1% |
2 Bedrooms | $360K | $334K | -7.2% |
3 Bedrooms | $545K | $520K | -4.6% |
4 Bedrooms | $695K | $699.9K | +0.7% |
5+ Bedrooms | $802.5K | $730K | -9.0% |
Summary: 80231 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes decreased by 7.2%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 9%.
Housing Supply in 80231, CO
How many homes are available in 80231, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
87 | 121 | +39.1% |
Summary: The 80231 real estate market had 121 homes for sale in April 2024, a 39.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 23 | +43.8% |
2 Bedrooms | 26 | 39 | +50.0% |
3 Bedrooms | 20 | 27 | +35.0% |
4 Bedrooms | 18 | 23 | +27.8% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The 80231 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 43.8%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 35%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 20 | +81.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 80231 in April 2024, up by 81.8% month-over-month. Of the 20 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 80231, CO
How long does it take to sell a home in 80231, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 35 Days | +160.0% |
Summary: Homes in 80231 had an average of 35 days on market in Apr 2024, up by 160% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in 80231; 75% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.