Is 80303, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80303 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 80303 has remained a Seller's Market.

Key Takeaway

80303 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80303, CO

How much do homes in 80303, CO cost?

Median Sold Price

$825,000

$498/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$95,000(+13.0%)

Key Takeaway

Homes in 80303 have sold for 13% more than they did a year ago.

Summary: The median home sold price in 80303 was $825,000 in April 2024, up 13% from last year, and the median price per square foot was $498.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $425K$405K
-4.7%
2 $515K$520K
+1.0%
3 $790.5K$880K
+11.3%
4 $1.2M$1.2M
+3.7%
5+ $1.5M$1.4M
-3.3%

Summary: 80303 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 3.3%.

Median Sold Price Compared To Nearby Zip Codes

80303
+13.0%
80027
+1.5%
80305
-7.7%

Housing Supply in 80303, CO

How many homes are available in 80303, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
99136+37.4%

Summary: The 80303 real estate market had 136 homes for sale in April 2024, a 37.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1422
+57.1%
2 3147
+51.6%
3 2228
+27.3%
4 1923
+21.1%
5+ 1316
+23.1%

Summary: The 80303 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 57.1%, 2 bedroom homes increased by 51.6%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes increased by 23.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1634+112.5%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80303, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in 80303 in April 2024, up by 112.5% month-over-month. Of the 34 sold homes, 41% were sold under asking, 26% were sold at asking, and 32% were sold over asking.

Days on Market for 80303, CO

How long does it take to sell a home in 80303, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
46 Days41 Days-10.6%

Summary: Homes in 80303 had an average of 41 days on market in Apr 2024, down by 10.6% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80303 has remained consistent over time.

Summary: During April 2024, 34 homes were sold in 80303; 41% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 6% 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 1 Day Ago

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