Is 80517, 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, 80517 has remained a Seller's Market.
Housing Prices in 80517, CO
How much do homes in 80517, CO cost?
Median Sold Price
$697,666
$409/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80517 was $697,666 in April 2024, up 4.5% from last year, and the median price per square foot was $409.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $384.5K | $352K | -8.5% |
2 Bedrooms | $460K | $550K | +19.6% |
3 Bedrooms | $738K | $730K | -1.1% |
4 Bedrooms | $925.5K | $940K | +1.6% |
5+ Bedrooms | $1.0M | $1.0M | -0.2% |
Summary: 80517 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.5%, 2 bedroom homes increased by 19.6%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 0.2%.
Median Sold Price Compared To Nearby Zip Codes
80517 | $667.5K | $697.6K | +4.5% |
80515 | $495K | $455K | -8.1% |
Housing Supply in 80517, CO
How many homes are available in 80517, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
107 | 119 | +11.2% |
Summary: The 80517 real estate market had 119 homes for sale in April 2024, a 11.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 5 | -44.4% |
2 Bedrooms | 24 | 28 | +16.7% |
3 Bedrooms | 43 | 50 | +16.3% |
4 Bedrooms | 18 | 22 | +22.2% |
5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The 80517 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 44.4%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 23 | +9.5% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 80517 in April 2024, up by 9.5% month-over-month. Of the 23 sold homes, 61% were sold under asking, 30% were sold at asking, and 9% were sold over asking.
Days on Market for 80517, CO
How long does it take to sell a home in 80517, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 91 Days | +44.5% |
Summary: Homes in 80517 had an average of 91 days on market in Apr 2024, up by 44.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in 80517; 26% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.