Is 80233, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80233 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 80233 has remained a Seller's Market.

Key Takeaway

80233 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80233, CO

How much do homes in 80233, CO cost?

Median Sold Price

$490,000

$264/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since April 2023.

Key Takeaway

The sold price of homes in 80233 has remained the same since last year.

Summary: The median home sold price in 80233 was $490,000 in April 2024, the same as last year, and the median price per square foot was $264.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $277.5K-
N/A
2 $388K$390K
0.5%
3 $485K$485K
0.0%
4 $501K$497.5K
-0.7%
5+ $505K$527K
+4.4%

Summary: 80233 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.5%, 3 bedroom homes did not change, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 4.4%.

Median Sold Price Compared To Nearby Zip Codes

80229
+1.2%
80233
0.0%
80241
-1.1%
80234
-2.2%
80640
-4.8%

Housing Supply in 80233, CO

How many homes are available in 80233, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
68107+57.4%

Summary: The 80233 real estate market had 107 homes for sale in April 2024, a 57.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 36
+100.0%
3 3144
+41.9%
4 2541
+64.0%
5+ 916
+77.8%

Summary: The 80233 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 100%, 3 bedroom homes increased by 41.9%, 4 bedroom homes increased by 64%, and 5+ bedroom homes increased by 77.8%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
836+350.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80233, you could pay more than the asking price. 61.1% of homes here sold above asking price last month.

Summary: A total of 36 homes were sold or pending in 80233 in April 2024, up by 350.0% month-over-month. Of the 36 sold homes, 19% were sold under asking, 19% were sold at asking, and 61% were sold over asking.

Days on Market for 80233, CO

How long does it take to sell a home in 80233, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
5 Days8 Days+47.3%

Summary: Homes in 80233 had an average of 8 days on market in Apr 2024, up by 47.3% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80233 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 36 homes were sold in 80233; 97% of homes were sold within 30 days, 3% 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 9 Days Ago

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