Is 80235, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80235 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 80235 was a Seller's Market.

Key Takeaway

80235 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 80235, CO

How much do homes in 80235, CO cost?

Median Sold Price

$597,500

$290/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$235,000(+64.8%)

Key Takeaway

Homes in 80235 have sold for 64.8% more than they did a year ago.

Summary: The median home sold price in 80235 was $597,500 in April 2024, up 64.8% from last year, and the median price per square foot was $290.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $234K$240K
+2.6%
2 $305K$301.7K
-1.1%
3 $550K$697.6K
+26.9%
4 $695K$610K
-12.2%
5+ $787.5K$804K
+2.1%

Summary: 80235 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 26.9%, 4 bedroom homes decreased by 12.2%, and 5+ bedroom homes increased by 2.1%.

Median Sold Price Compared To Nearby Zip Codes

80235
+64.8%
80123
+4.8%
80227
+4.7%
80127
+1.3%
80236
-6.2%

Housing Supply in 80235, CO

How many homes are available in 80235, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1226+116.7%

Summary: The 80235 real estate market had 26 homes for sale in April 2024, a 116.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 36
+100.0%
3 511
+120.0%
4 35
+66.7%
5+ 02
+100.0%

Summary: The 80235 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 100%, 3 bedroom homes increased by 120%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80235, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 80235 in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for 80235, CO

How long does it take to sell a home in 80235, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
51 Days162 Days+214.0%

Summary: Homes in 80235 had an average of 162 days on market in Apr 2024, up by 214% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80235 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in 80235; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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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