Is 80015, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80015 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 80015 has remained a Seller's Market.

Key Takeaway

80015 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80015, CO

How much do homes in 80015, CO cost?

Median Sold Price

$565,000

$255/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$4,775(-0.8%)

Key Takeaway

Homes in 80015 have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in 80015 was $565,000 in April 2024, down 0.8% from last year, and the median price per square foot was $255.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $256.5K$235K
-8.4%
2 $360K$335K
-6.9%
3 $543.5K$510K
-6.2%
4 $603K$600K
-0.5%
5+ $707.5K$702.5K
-0.7%

Summary: 80015 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.4%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 0.7%.

Median Sold Price Compared To Nearby Zip Codes

80014
+3.0%
80016
+1.9%
80015
-0.8%
80018
-2.6%
80013
-2.7%

Housing Supply in 80015, CO

How many homes are available in 80015, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
174262+50.6%

Summary: The 80015 real estate market had 262 homes for sale in April 2024, a 50.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 26
+200.0%
2 1934
+78.9%
3 65101
+55.4%
4 5574
+34.5%
5+ 3347
+42.4%

Summary: The 80015 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 78.9%, 3 bedroom homes increased by 55.4%, 4 bedroom homes increased by 34.5%, and 5+ bedroom homes increased by 42.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2759+118.5%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80015, you could pay more than the asking price. 37.3% of homes here sold above asking price last month.

Summary: A total of 59 homes were sold or pending in 80015 in April 2024, up by 118.5% month-over-month. Of the 59 sold homes, 34% were sold under asking, 29% were sold at asking, and 37% were sold over asking.

Days on Market for 80015, CO

How long does it take to sell a home in 80015, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
13 Days24 Days+87.7%

Summary: Homes in 80015 had an average of 24 days on market in Apr 2024, up by 87.7% compared to last year.

Breakdown of Home Sale Times

46 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80015 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 59 homes were sold in 80015; 78% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 5% 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 Apr 1, 2024

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