Is 80014, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80014 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 80014 has remained a Seller's Market.

Key Takeaway

80014 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80014, CO

How much do homes in 80014, CO cost?

Median Sold Price

$392,175

$252/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$22,175(+6.0%)

Key Takeaway

Homes in 80014 have sold for 6% more than they did a year ago.

Summary: The median home sold price in 80014 was $392,175 in May 2024, up 6% from last year, and the median price per square foot was $252.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $245.2K$243.5K
-0.7%
2 $327.2K$325K
-0.7%
3 $466.6K$429K
-8.1%
4 $514.2K$548K
+6.6%
5+ $589.5K$620K
+5.2%

Summary: 80014 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 5.2%.

Median Sold Price Compared To Nearby Zip Codes

80231
+18.8%
80014
+6.0%
80012
+5.3%
80013
-0.5%
80247
-12.9%

Housing Supply in 80014, CO

How many homes are available in 80014, CO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
261277+6.1%

Summary: The 80014 real estate market had 277 homes for sale in May 2024, a 6.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 2620
-23.1%
2 105127
+21.0%
3 6362
-1.6%
4 4752
+10.6%
5+ 2016
-20.0%

Summary: The 80014 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 23.1%, 2 bedroom homes increased by 21%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Apr 2024May 2024CHANGE
6958-15.9%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80014, you may be able to get a good deal. 41.4% of homes here sold below asking price last month.

Summary: A total of 58 homes were sold or pending in 80014 in May 2024, down by 15.9% month-over-month. Of the 58 sold homes, 41% were sold under asking, 28% were sold at asking, and 31% were sold over asking.

Days on Market for 80014, CO

How long does it take to sell a home in 80014, CO?

Average Sale Time

May 2023May 2024CHANGE
12 Days34 Days+167.4%

Summary: Homes in 80014 had an average of 34 days on market in May 2024, up by 167.4% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80014 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 58 homes were sold in 80014; 62% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 12% 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 3 Days Ago

Newest Listings in 80014, CO

Nearby Markets to 80014, CO