Is 80011, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80011 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 80011 has remained a Seller's Market.

Key Takeaway

80011 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80011, CO

How much do homes in 80011, CO cost?

Median Sold Price

$444,996

$264/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,996(+4.7%)

Key Takeaway

Homes in 80011 have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in 80011 was $444,996 in November 2024, up 4.7% from last year, and the median price per square foot was $264.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $209K$185K
-11.5%
2 $315K$298.5K
-5.2%
3 $425.5K$440K
+3.4%
4 $455K$460K
+1.1%
5+ $452.5K$490K
+8.3%

Summary: 80011 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.5%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 8.3%.

Median Sold Price Compared To Nearby Zip Codes

80011
+4.7%
80017
+3.4%
80010
+2.3%
80012
-6.7%

Housing Supply in 80011, CO

How many homes are available in 80011, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
148156+5.4%

Summary: The 80011 real estate market had 156 homes for sale in November 2024, a 5.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1517
+13.3%
2 3935
-10.3%
3 5054
+8.0%
4 2931
+6.9%
5+ 1519
+26.7%

Summary: The 80011 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13.3%, 2 bedroom homes decreased by 10.3%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 26.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3029-3.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80011, expect to pay close to the asking price. 37.9% of homes here sold near the asking price last month.

Summary: A total of 29 homes were sold or pending in 80011 in November 2024, down by 3.3% month-over-month. Of the 29 sold homes, 34% were sold under asking, 38% were sold at asking, and 28% were sold over asking.

Days on Market for 80011, CO

How long does it take to sell a home in 80011, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days27 Days+59.5%

Summary: Homes in 80011 had an average of 27 days on market in Nov 2024, up by 59.5% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80011 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 29 homes were sold in 80011; 72% of homes were sold within 30 days, 21% 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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Nearby Markets to 80011, CO

MLS Disclaimers and Copyright

Based on information from REColorado for the period 12/01/2022 - 12/01/2024

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Greenwood Village, CO 80111 USA

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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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