$5,581 Closing Credit*
$470,000
1,024 SqFt
2 Beds
•1 Full Bath
Kathleen Garvey, Listing Office: HomeSmart Realty
Is 80002, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 80002 has remained a Seller's Market.
Key Takeaway
80002 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80002, CO
How much do homes in 80002, CO cost?
Median Sold Price
$579,816
$371/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$39,816(+7.4%)
Key Takeaway
Homes in 80002 have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in 80002 was $579,816 in October 2024, up 7.4% from last year, and the median price per square foot was $371.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | $360K | 0.0% |
| 2 Bedrooms | $487.5K | $475K | -2.6% |
| 3 Bedrooms | $527.4K | $561.9K | +6.5% |
| 4 Bedrooms | $655K | $735K | +12.2% |
| 5+ Bedrooms | $735K | $846K | +15.1% |
Summary: 80002 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 15.1%.
Housing Supply in 80002, CO
How many homes are available in 80002, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 92 | 97 | +5.4% |
Summary: The 80002 real estate market had 97 homes for sale in October 2024, a 5.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 21 | 22 | +4.8% |
| 3 Bedrooms | 43 | 49 | +14.0% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The 80002 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 14%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80002, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 20 homes were sold or pending in 80002 in October 2024, up by 5.3% month-over-month. Of the 20 sold homes, 30% were sold under asking, 40% were sold at asking, and 30% were sold over asking.
Days on Market for 80002, CO
How long does it take to sell a home in 80002, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 46 Days | +765.1% |
Summary: Homes in 80002 had an average of 46 days on market in Oct 2024, up by 765.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 80002 has remained consistent over time.
Summary: During October 2024, 20 homes were sold in 80002; 35% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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