Is 80003, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80003 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 80003 has remained a Seller's Market.

Key Takeaway

80003 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80003, CO

How much do homes in 80003, CO cost?

Median Sold Price

$550,000

$311/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,000(-0.2%)

Key Takeaway

The sold price of homes in 80003 has remained the same since last year.

Summary: The median home sold price in 80003 was $550,000 in November 2024, down 0.2% from last year, and the median price per square foot was $311.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $290K$269K
-7.2%
2 $365K$362.5K
-0.7%
3 $525K$540K
+2.9%
4 $588.5K$584K
-0.8%
5+ $610.7K$640K
+4.8%

Summary: 80003 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.2%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 4.8%.

Median Sold Price Compared To Nearby Zip Codes

80002
+1.8%
80003
-0.2%
80221
-2.1%
80031
-3.5%

Housing Supply in 80003, CO

How many homes are available in 80003, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
154144-6.5%

Summary: The 80003 real estate market had 144 homes for sale in November 2024, a 6.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 2932
+10.3%
3 4741
-12.8%
4 4843
-10.4%
5+ 2825
-10.7%

Summary: The 80003 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 10.3%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes decreased by 10.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3728-24.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80003, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 80003 in November 2024, down by 24.3% month-over-month. Of the 28 sold homes, 36% were sold under asking, 36% were sold at asking, and 29% were sold over asking.

Days on Market for 80003, CO

How long does it take to sell a home in 80003, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days28 Days+68.9%

Summary: Homes in 80003 had an average of 28 days on market in Nov 2024, up by 68.9% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80003 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 28 homes were sold in 80003; 75% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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