Is 80017, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80017 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 80017 has remained a Seller's Market.

Key Takeaway

80017 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80017, CO

How much do homes in 80017, CO cost?

Median Sold Price

$409,000

$277/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$32,500(-7.4%)

Key Takeaway

Homes in 80017 have sold for 7.4% less than they did a year ago.

Summary: The median home sold price in 80017 was $409,000 in April 2024, down 7.4% from last year, and the median price per square foot was $277.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $215K$220K
+2.3%
2 $346K$318.2K
-8.0%
3 $457K$430K
-5.9%
4 $503K$492.5K
-2.1%
5+ $525K$535K
+1.9%

Summary: 80017 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Zip Codes

80011
+3.5%
80018
-2.6%
80013
-2.7%
80017
-7.4%

Housing Supply in 80017, CO

How many homes are available in 80017, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
99156+57.6%

Summary: The 80017 real estate market had 156 homes for sale in April 2024, a 57.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 917
+88.9%
2 3749
+32.4%
3 2545
+80.0%
4 2235
+59.1%
5+ 610
+66.7%

Summary: The 80017 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 88.9%, 2 bedroom homes increased by 32.4%, 3 bedroom homes increased by 80%, 4 bedroom homes increased by 59.1%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1033+230.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80017, you could pay more than the asking price. 36.4% of homes here sold above asking price last month.

Summary: A total of 33 homes were sold or pending in 80017 in April 2024, up by 230.0% month-over-month. Of the 33 sold homes, 30% were sold under asking, 33% were sold at asking, and 36% were sold over asking.

Days on Market for 80017, CO

How long does it take to sell a home in 80017, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
28 Days18 Days-34.4%

Summary: Homes in 80017 had an average of 18 days on market in Apr 2024, down by 34.4% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80017 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 33 homes were sold in 80017; 79% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 3% 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 80017, CO

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