Is 80401, 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, 80401 has remained a Seller's Market.
Housing Prices in 80401, CO
How much do homes in 80401, CO cost?
Median Sold Price
$875,000
$352/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80401 was $875,000 in April 2024, up 2.9% from last year, and the median price per square foot was $352.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $339.5K | $490K | +44.3% |
2 Bedrooms | $472.5K | $627.9K | +32.9% |
3 Bedrooms | $775.7K | $785K | +1.2% |
4 Bedrooms | $910K | $1.0M | +15.4% |
5+ Bedrooms | $1.2M | $1.1M | -1.2% |
Summary: 80401 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.3%, 2 bedroom homes increased by 32.9%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 1.2%.
Housing Supply in 80401, CO
How many homes are available in 80401, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
73 | 106 | +45.2% |
Summary: The 80401 real estate market had 106 homes for sale in April 2024, a 45.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 8 | 12 | +50.0% |
3 Bedrooms | 15 | 27 | +80.0% |
4 Bedrooms | 23 | 34 | +47.8% |
5+ Bedrooms | 25 | 29 | +16.0% |
Summary: The 80401 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 50%, 3 bedroom homes increased by 80%, 4 bedroom homes increased by 47.8%, and 5+ bedroom homes increased by 16%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 20 | +5.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 80401 in April 2024, up by 5.3% month-over-month. Of the 20 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 80401, CO
How long does it take to sell a home in 80401, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 31 Days | +40.4% |
Summary: Homes in 80401 had an average of 31 days on market in Apr 2024, up by 40.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in 80401; 70% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.