Is 80615, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 80615 has remained a Seller's Market.
Housing Prices in 80615, CO
How much do homes in 80615, CO cost?
Median Sold Price
$462,750
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 80615 was $462,750 in May 2024, down 3.5% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $247.5K | - | N/A |
2 Bedrooms | $329K | $365K | +10.9% |
3 Bedrooms | $425K | $455K | +7.1% |
4 Bedrooms | $460K | $463K | +0.7% |
5+ Bedrooms | $600K | $590K | -1.7% |
Summary: 80615 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 1.7%.
Housing Supply in 80615, CO
How many homes are available in 80615, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
40 | 50 | +25.0% |
Summary: The 80615 real estate market had 50 homes for sale in May 2024, a 25.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 6 | 9 | +50.0% |
3 Bedrooms | 20 | 22 | +10.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 8 | 12 | +50.0% |
Summary: The 80615 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 9 | +12.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 80615 in May 2024, up by 12.5% month-over-month. Of the 9 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 80615, CO
How long does it take to sell a home in 80615, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
49 Days | 74 Days | +49.8% |
Summary: Homes in 80615 had an average of 74 days on market in May 2024, up by 49.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in 80615; 33% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.