Is 80004, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80004 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 80004 has remained a Seller's Market.

Key Takeaway

80004 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80004, CO

How much do homes in 80004, CO cost?

Median Sold Price

$635,000

$310/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,333(+0.8%)

Key Takeaway

Homes in 80004 have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in 80004 was $635,000 in November 2024, up 0.8% from last year, and the median price per square foot was $310.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $289K$339.9K
+17.6%
2 $461.2K$462.5K
0.3%
3 $582K$590K
+1.4%
4 $645K$655K
+1.6%
5+ $680K$710K
+4.4%

Summary: 80004 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.6%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 4.4%.

Median Sold Price Compared To Nearby Zip Codes

80002
+1.8%
80004
+0.8%
80005
-0.2%
80003
-0.2%
80007
-4.0%

Housing Supply in 80004, CO

How many homes are available in 80004, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
158126-20.3%

Summary: The 80004 real estate market had 126 homes for sale in November 2024, a 20.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 52
-60.0%
2 2115
-28.6%
3 4738
-19.1%
4 5336
-32.1%
5+ 3235
+9.4%

Summary: The 80004 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 19.1%, 4 bedroom homes decreased by 32.1%, and 5+ bedroom homes increased by 9.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4936-26.5%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80004, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in 80004 in November 2024, down by 26.5% month-over-month. Of the 36 sold homes, 56% were sold under asking, 25% were sold at asking, and 19% were sold over asking.

Days on Market for 80004, CO

How long does it take to sell a home in 80004, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days36 Days+70.0%

Summary: Homes in 80004 had an average of 36 days on market in Nov 2024, up by 70% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80004 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 36 homes were sold in 80004; 64% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 8% 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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MLS Disclaimers and Copyright

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Last updated on: 12/18/2024, 12:57:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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