Is 80304, 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, 80304 was a Seller's Market.
Housing Prices in 80304, CO
How much do homes in 80304, CO cost?
Median Sold Price
$1,428,812
$653/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80304 was $1,428,812 in April 2024, up 9.1% from last year, and the median price per square foot was $653.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $340K | $407.4K | +19.8% |
2 Bedrooms | $605K | $785.6K | +29.9% |
3 Bedrooms | $1.2M | $1.2M | 0.0% |
4 Bedrooms | $1.7M | $1.9M | +14.9% |
5+ Bedrooms | $2.3M | $2.5M | +7.9% |
Summary: 80304 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.8%, 2 bedroom homes increased by 29.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes increased by 7.9%.
Housing Supply in 80304, CO
How many homes are available in 80304, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
148 | 206 | +39.2% |
Summary: The 80304 real estate market had 206 homes for sale in April 2024, a 39.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 17 | +6.3% |
2 Bedrooms | 13 | 19 | +46.2% |
3 Bedrooms | 31 | 42 | +35.5% |
4 Bedrooms | 53 | 79 | +49.1% |
5+ Bedrooms | 35 | 49 | +40.0% |
Summary: The 80304 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 46.2%, 3 bedroom homes increased by 35.5%, 4 bedroom homes increased by 49.1%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 30 | +36.4% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in 80304 in April 2024, up by 36.4% month-over-month. Of the 30 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.
Days on Market for 80304, CO
How long does it take to sell a home in 80304, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 52 Days | +17.0% |
Summary: Homes in 80304 had an average of 52 days on market in Apr 2024, up by 17% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 30 homes were sold in 80304; 37% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.