Is 80237, 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, 80237 has remained a Seller's Market.
Key Takeaway
80237 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80237, CO
How much do homes in 80237, CO cost?
Median Sold Price
$694,000
$285/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 80237 have sold for 47.7% more than they did a year ago.
Summary: The median home sold price in 80237 was $694,000 in April 2024, up 47.7% from last year, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $249.9K | $207K | -17.2% |
| 2 Bedrooms | $356.8K | $340K | -4.7% |
| 3 Bedrooms | $506K | $650K | +28.5% |
| 4 Bedrooms | $773K | $762.5K | -1.4% |
| 5+ Bedrooms | $900K | $877.5K | -2.5% |
Summary: 80237 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.2%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 28.5%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 2.5%.
Housing Supply in 80237, CO
How many homes are available in 80237, CO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 61 | 99 | +62.3% |
Summary: The 80237 real estate market had 99 homes for sale in April 2024, a 62.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 9 | +80.0% |
| 2 Bedrooms | 25 | 42 | +68.0% |
| 3 Bedrooms | 5 | 9 | +80.0% |
| 4 Bedrooms | 12 | 22 | +83.3% |
| 5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The 80237 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 80%, 2 bedroom homes increased by 68%, 3 bedroom homes increased by 80%, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 19 | +46.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80237, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 80237 in April 2024, up by 46.2% month-over-month. Of the 19 sold homes, 42% were sold under asking, 32% were sold at asking, and 26% were sold over asking.
Days on Market for 80237, CO
How long does it take to sell a home in 80237, CO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 8 Days | 23 Days | +168.8% |
Summary: Homes in 80237 had an average of 23 days on market in Apr 2024, up by 168.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 80237 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 19 homes were sold in 80237; 63% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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