Is 80247, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 80247 was a Seller's Market.
Housing Prices in 80247, CO
How much do homes in 80247, CO cost?
Median Sold Price
$315,000
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80247 was $315,000 in April 2024, down 11.1% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $222.5K | $222.5K | 0.0% |
2 Bedrooms | $335K | $300K | -10.4% |
3 Bedrooms | $500K | $529.9K | +6.0% |
4 Bedrooms | $637.5K | $757.9K | +18.9% |
5+ Bedrooms | $601K | $607K | +1.0% |
Summary: 80247 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.4%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes increased by 1%.
Housing Supply in 80247, CO
How many homes are available in 80247, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
111 | 165 | +48.6% |
Summary: The 80247 real estate market had 165 homes for sale in April 2024, a 48.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 28 | +133.3% |
2 Bedrooms | 79 | 105 | +32.9% |
3 Bedrooms | 13 | 22 | +69.2% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 80247 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 133.3%, 2 bedroom homes increased by 32.9%, 3 bedroom homes increased by 69.2%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 25 | +92.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 80247 in April 2024, up by 92.3% month-over-month. Of the 25 sold homes, 48% were sold under asking, 36% were sold at asking, and 16% were sold over asking.
Days on Market for 80247, CO
How long does it take to sell a home in 80247, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 55 Days | +100.2% |
Summary: Homes in 80247 had an average of 55 days on market in Apr 2024, up by 100.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in 80247; 64% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.