Is 80022, 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, 80022 has remained a Seller's Market.
Housing Prices in 80022, CO
How much do homes in 80022, CO cost?
Median Sold Price
$529,987
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $376K | N/A |
2 Bedrooms | $367.5K | $391K | +6.4% |
3 Bedrooms | $510K | $492.9K | -3.4% |
4 Bedrooms | $567K | $567.4K | 0.1% |
5+ Bedrooms | $619.9K | $624.9K | +0.8% |
Summary: 80022 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 6.4%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 0.8%.
Housing Supply in 80022, CO
How many homes are available in 80022, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
399 | 442 | +10.8% |
Summary: The 80022 real estate market had 442 homes for sale in May 2024, a 10.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 37 | 45 | +21.6% |
3 Bedrooms | 178 | 204 | +14.6% |
4 Bedrooms | 125 | 133 | +6.4% |
5+ Bedrooms | 59 | 60 | +1.7% |
Summary: The 80022 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 21.6%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 1.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
100 | 108 | +8.0% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
34 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Summary: A total of 108 homes were sold or pending in 80022 in May 2024, up by 8.0% month-over-month. Of the 108 sold homes, 41% were sold under asking, 31% were sold at asking, and 28% were sold over asking.
Days on Market for 80022, CO
How long does it take to sell a home in 80022, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
19 Days | 36 Days | +90.7% |
Summary: Homes in 80022 had an average of 36 days on market in May 2024, up by 90.7% compared to last year.
Breakdown of Home Sale Times
71 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During May 2024, 108 homes were sold in 80022; 66% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.