Is 80005, 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, 80005 has remained a Seller's Market.
Housing Prices in 80005, CO
How much do homes in 80005, CO cost?
Median Sold Price
$650,000
$299/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80005 was $650,000 in April 2024, down 0.6% from last year, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $268.5K | $248.2K | -7.5% |
2 Bedrooms | $400K | $408.5K | +2.1% |
3 Bedrooms | $610K | $600K | -1.6% |
4 Bedrooms | $700.2K | $704.5K | +0.6% |
5+ Bedrooms | $827.5K | $881.5K | +6.5% |
Summary: 80005 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.5%, 2 bedroom homes increased by 2.1%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 6.5%.
Housing Supply in 80005, CO
How many homes are available in 80005, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
100 | 136 | +36.0% |
Summary: The 80005 real estate market had 136 homes for sale in April 2024, a 36.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 23 | 33 | +43.5% |
3 Bedrooms | 29 | 38 | +31.0% |
4 Bedrooms | 31 | 40 | +29.0% |
5+ Bedrooms | 14 | 22 | +57.1% |
Summary: The 80005 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 increased by 43.5%, 3 bedroom homes increased by 31%, 4 bedroom homes increased by 29%, and 5+ bedroom homes increased by 57.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 49 | +157.9% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in 80005 in April 2024, up by 157.9% month-over-month. Of the 49 sold homes, 45% were sold under asking, 8% were sold at asking, and 47% were sold over asking.
Days on Market for 80005, CO
How long does it take to sell a home in 80005, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 20 Days | +66.0% |
Summary: Homes in 80005 had an average of 20 days on market in Apr 2024, up by 66% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 49 homes were sold in 80005; 80% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.