Is 80723, 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, 80723 has remained a Seller's Market.
Housing Prices in 80723, CO
How much do homes in 80723, CO cost?
Median Sold Price
$293,875
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80723 was $293,875 in April 2024, down 3.3% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | $250K | +31.6% |
2 Bedrooms | $234.5K | $197.2K | -15.9% |
3 Bedrooms | $257.5K | $279.5K | +8.5% |
4 Bedrooms | $370K | $347.6K | -6.0% |
5+ Bedrooms | $442.5K | $535K | +20.9% |
Summary: 80723 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.6%, 2 bedroom homes decreased by 15.9%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 20.9%.
Median Sold Price Compared To Nearby Zip Codes
80701 | $316K | $316K | 0.0% |
80723 | $304K | $293.8K | -3.3% |
Housing Supply in 80723, CO
How many homes are available in 80723, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 30 | +15.4% |
Summary: The 80723 real estate market had 30 homes for sale in April 2024, a 15.4% 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 | 5 | 2 | -60.0% |
3 Bedrooms | 11 | 14 | +27.3% |
4 Bedrooms | 5 | 8 | +60.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 80723 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 decreased by 60%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 80723 in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for 80723, CO
How long does it take to sell a home in 80723, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
131 Days | 67 Days | -48.6% |
Summary: Homes in 80723 had an average of 67 days on market in Apr 2024, down by 48.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 80723; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.