Is 80014, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80014 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 80014 has remained a Seller's Market.

Key Takeaway

80014 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80014, CO

How much do homes in 80014, CO cost?

Median Sold Price

$391,553

$257/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$11,553(+3.0%)

Key Takeaway

Homes in 80014 have sold for 3% more than they did a year ago.

Summary: The median home sold price in 80014 was $391,553 in April 2024, up 3% from last year, and the median price per square foot was $257.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $245.1K$245.2K
0.1%
2 $340K$325K
-4.4%
3 $470K$429.5K
-8.6%
4 $516K$548K
+6.2%
5+ $600K$599K
-0.2%

Summary: 80014 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes decreased by 0.2%.

Median Sold Price Compared To Nearby Zip Codes

80231
+13.7%
80012
+4.5%
80014
+3.0%
80013
-2.7%
80247
-11.1%

Housing Supply in 80014, CO

How many homes are available in 80014, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
167238+42.5%

Summary: The 80014 real estate market had 238 homes for sale in April 2024, a 42.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1224
+100.0%
2 7099
+41.4%
3 4456
+27.3%
4 3040
+33.3%
5+ 1119
+72.7%

Summary: The 80014 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 41.4%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 72.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1564+326.7%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80014, you may be able to get a good deal. 40.6% of homes here sold below asking price last month.

Summary: A total of 64 homes were sold or pending in 80014 in April 2024, up by 326.7% month-over-month. Of the 64 sold homes, 41% were sold under asking, 30% were sold at asking, and 30% were sold over asking.

Days on Market for 80014, CO

How long does it take to sell a home in 80014, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
10 Days33 Days+233.3%

Summary: Homes in 80014 had an average of 33 days on market in Apr 2024, up by 233.3% compared to last year.

Breakdown of Home Sale Times

45 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80014 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 64 homes were sold in 80014; 70% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in 80014, CO

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