Is 80241, 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, 80241 has remained a Seller's Market.
Housing Prices in 80241, CO
How much do homes in 80241, CO cost?
Median Sold Price
$525,000
$292/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80241 was $525,000 in April 2024, down 1.1% from last year, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $382.5K | $425K | +11.1% |
3 Bedrooms | $507K | $499.9K | -1.4% |
4 Bedrooms | $583.7K | $549.9K | -5.8% |
5+ Bedrooms | $667.5K | $678K | +1.6% |
Summary: 80241 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 11.1%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 1.6%.
Housing Supply in 80241, CO
How many homes are available in 80241, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
65 | 101 | +55.4% |
Summary: The 80241 real estate market had 101 homes for sale in April 2024, a 55.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 18 | 29 | +61.1% |
3 Bedrooms | 27 | 41 | +51.9% |
4 Bedrooms | 14 | 22 | +57.1% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The 80241 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 61.1%, 3 bedroom homes increased by 51.9%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 31 | +244.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in 80241 in April 2024, up by 244.4% month-over-month. Of the 31 sold homes, 23% were sold under asking, 45% were sold at asking, and 32% were sold over asking.
Days on Market for 80241, CO
How long does it take to sell a home in 80241, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 30 Days | +23.2% |
Summary: Homes in 80241 had an average of 30 days on market in Apr 2024, up by 23.2% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 31 homes were sold in 80241; 58% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.