$9,480 Closing Credit*
$798,280
2,272 SqFt
Tom Ullrich, Listing Office: RE/MAX Professionals
Is 80007, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 80007 has remained a Seller's Market.
Key Takeaway
80007 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80007, CO
How much do homes in 80007, CO cost?
Median Sold Price
$839,660
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$35,340(-4.0%)
Key Takeaway
Homes in 80007 have sold for 4% less than they did a year ago.
Summary: The median home sold price in 80007 was $839,660 in November 2024, down 4% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $810K | - | N/A |
| 2 Bedrooms | $499K | $479.9K | -3.8% |
| 3 Bedrooms | $765K | $750K | -2.0% |
| 4 Bedrooms | $949.9K | $895K | -5.8% |
| 5+ Bedrooms | $1.1M | $1.1M | -0.1% |
Summary: 80007 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.8%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 0.1%.
Housing Supply in 80007, CO
How many homes are available in 80007, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 128 | 122 | -4.7% |
Summary: The 80007 real estate market had 122 homes for sale in November 2024, a 4.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 16 | +6.7% |
| 3 Bedrooms | 32 | 31 | -3.1% |
| 4 Bedrooms | 46 | 39 | -15.2% |
| 5+ Bedrooms | 35 | 36 | +2.9% |
Summary: The 80007 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes increased by 2.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 21 | -8.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80007, expect to pay close to the asking price. 52.4% of homes here sold near the asking price last month.
Summary: A total of 21 homes were sold or pending in 80007 in November 2024, down by 8.7% month-over-month. Of the 21 sold homes, 38% were sold under asking, 52% were sold at asking, and 10% were sold over asking.
Days on Market for 80007, CO
How long does it take to sell a home in 80007, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 53 Days | +98.0% |
Summary: Homes in 80007 had an average of 53 days on market in Nov 2024, up by 98% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 80007 has remained consistent over time.
Summary: During November 2024, 21 homes were sold in 80007; 33% of homes were sold within 30 days, 57% 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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