Is 80305, 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, 80305 has remained a Seller's Market.
Housing Prices in 80305, CO
How much do homes in 80305, CO cost?
Median Sold Price
$1,052,500
$589/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80305 was $1,052,500 in April 2024, down 7.7% from last year, and the median price per square foot was $589.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $317K | N/A |
2 Bedrooms | $600K | $581.8K | -3.0% |
3 Bedrooms | $960K | $930K | -3.1% |
4 Bedrooms | $1.3M | $1.2M | -3.6% |
5+ Bedrooms | $1.3M | $1.2M | -8.8% |
Summary: 80305 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 decreased by 3%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 8.8%.
Housing Supply in 80305, CO
How many homes are available in 80305, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
57 | 86 | +50.9% |
Summary: The 80305 real estate market had 86 homes for sale in April 2024, a 50.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 2 | 7 | +250.0% |
3 Bedrooms | 19 | 23 | +21.1% |
4 Bedrooms | 25 | 31 | +24.0% |
5+ Bedrooms | 10 | 23 | +130.0% |
Summary: The 80305 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 250%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 24%, and 5+ bedroom homes increased by 130%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 19 | +72.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 80305 in April 2024, up by 72.7% month-over-month. Of the 19 sold homes, 37% were sold under asking, 26% were sold at asking, and 37% were sold over asking.
Days on Market for 80305, CO
How long does it take to sell a home in 80305, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 23 Days | -40.3% |
Summary: Homes in 80305 had an average of 23 days on market in Apr 2024, down by 40.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in 80305; 68% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.