Is 80302, 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, 80302 was a Seller's Market.
Housing Prices in 80302, CO
How much do homes in 80302, CO cost?
Median Sold Price
$1,208,626
$667/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 80302 was $1,208,626 in May 2024, down 7.7% from last year, and the median price per square foot was $667.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $451.5K | $439.1K | -2.7% |
2 Bedrooms | $912.5K | $834.5K | -8.5% |
3 Bedrooms | $1.4M | $1.1M | -18.3% |
4 Bedrooms | $2.0M | $1.6M | -18.6% |
5+ Bedrooms | $3.2M | $1.8M | -43.6% |
Summary: 80302 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.7%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes decreased by 18.3%, 4 bedroom homes decreased by 18.6%, and 5+ bedroom homes decreased by 43.6%.
Median Sold Price Compared To Nearby Zip Codes
80304 | $1.3M | $1.4M | +9.9% |
80302 | $1.3M | $1.2M | -7.7% |
Housing Supply in 80302, CO
How many homes are available in 80302, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
191 | 234 | +22.5% |
Summary: The 80302 real estate market had 234 homes for sale in May 2024, a 22.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 20 | 24 | +20.0% |
2 Bedrooms | 44 | 51 | +15.9% |
3 Bedrooms | 48 | 65 | +35.4% |
4 Bedrooms | 40 | 48 | +20.0% |
5+ Bedrooms | 39 | 46 | +17.9% |
Summary: The 80302 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 35.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 17.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
37 | 25 | -32.4% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 80302 in May 2024, down by 32.4% month-over-month. Of the 25 sold homes, 68% were sold under asking, 20% were sold at asking, and 12% were sold over asking.
Days on Market for 80302, CO
How long does it take to sell a home in 80302, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
39 Days | 36 Days | -5.8% |
Summary: Homes in 80302 had an average of 36 days on market in May 2024, down by 5.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 25 homes were sold in 80302; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.