Is 80014, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 80014 has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $245.2K | $243.5K | -0.7% |
2 Bedrooms | $327.2K | $325K | -0.7% |
3 Bedrooms | $466.6K | $429K | -8.1% |
4 Bedrooms | $514.2K | $548K | +6.6% |
5+ Bedrooms | $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%.
Housing Supply in 80014, CO
How many homes are available in 80014, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
261 | 277 | +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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 26 | 20 | -23.1% |
2 Bedrooms | 105 | 127 | +21.0% |
3 Bedrooms | 63 | 62 | -1.6% |
4 Bedrooms | 47 | 52 | +10.6% |
5+ Bedrooms | 20 | 16 | -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 2024 | May 2024 | CHANGE |
---|---|---|
69 | 58 | -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
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 2023 | May 2024 | CHANGE |
---|---|---|
12 Days | 34 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
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.