Is 80304, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$637/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 80304 was $1,428,812 in May 2024, up 9.9% from last year, and the median price per square foot was $637.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $387.5K | $394.9K | +1.9% |
2 Bedrooms | $607.5K | $770K | +26.7% |
3 Bedrooms | $1.2M | $1.2M | 0.3% |
4 Bedrooms | $1.6M | $1.9M | +15.4% |
5+ Bedrooms | $2.4M | $2.8M | +17.6% |
Summary: 80304 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 17.6%.
Housing Supply in 80304, CO
How many homes are available in 80304, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
192 | 239 | +24.5% |
Summary: The 80304 real estate market had 239 homes for sale in May 2024, a 24.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 15 | 15 | 0.0% |
2 Bedrooms | 21 | 30 | +42.9% |
3 Bedrooms | 36 | 49 | +36.1% |
4 Bedrooms | 74 | 91 | +23.0% |
5+ Bedrooms | 46 | 54 | +17.4% |
Summary: The 80304 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 36.1%, 4 bedroom homes increased by 23%, and 5+ bedroom homes increased by 17.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 39 | +30.0% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in 80304 in May 2024, up by 30.0% month-over-month. Of the 39 sold homes, 72% were sold under asking, 13% were sold at asking, and 15% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
69 Days | 57 Days | -17.4% |
Summary: Homes in 80304 had an average of 57 days on market in May 2024, down by 17.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 39 homes were sold in 80304; 31% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.