Is 80003, 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, 80003 has remained a Seller's Market.
Housing Prices in 80003, CO
How much do homes in 80003, CO cost?
Median Sold Price
$551,000
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80003 was $551,000 in April 2024, up 0.9% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $299K | $207.5K | -30.6% |
2 Bedrooms | $362K | $350K | -3.3% |
3 Bedrooms | $545K | $527.7K | -3.2% |
4 Bedrooms | $580K | $590K | +1.7% |
5+ Bedrooms | $602.4K | $649.7K | +7.9% |
Summary: 80003 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.6%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 7.9%.
Housing Supply in 80003, CO
How many homes are available in 80003, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
77 | 115 | +49.4% |
Summary: The 80003 real estate market had 115 homes for sale in April 2024, a 49.4% 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 | 19 | 27 | +42.1% |
3 Bedrooms | 16 | 24 | +50.0% |
4 Bedrooms | 30 | 45 | +50.0% |
5+ Bedrooms | 11 | 17 | +54.5% |
Summary: The 80003 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 42.1%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 54.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 33 | +83.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 80003 in April 2024, up by 83.3% month-over-month. Of the 33 sold homes, 36% were sold under asking, 27% were sold at asking, and 36% were sold over asking.
Days on Market for 80003, CO
How long does it take to sell a home in 80003, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 22 Days | +102.6% |
Summary: Homes in 80003 had an average of 22 days on market in Apr 2024, up by 102.6% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 33 homes were sold in 80003; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.