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 October 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

$381,483

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,483(+0.4%)

Key Takeaway

The sold price of homes in 80014 has remained the same since last year.

Summary: The median home sold price in 80014 was $381,483 in October 2024, up 0.4% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $241K$239.5K
-0.6%
2 $320K$325K
+1.6%
3 $430K$425K
-1.2%
4 $545K$520K
-4.6%
5+ $620K$599.5K
-3.3%

Summary: 80014 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.6%, 2 bedroom homes increased by 1.6%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes decreased by 3.3%.

Median Sold Price Compared To Nearby Zip Codes

80013
+1.5%
80014
0.4%
80231
-1.1%
80012
-4.7%
80247
-6.4%

Housing Supply in 80014, CO

How many homes are available in 80014, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
297314+5.7%

Summary: The 80014 real estate market had 314 homes for sale in October 2024, a 5.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 3037
+23.3%
2 135137
+1.5%
3 7173
+2.8%
4 4347
+9.3%
5+ 1820
+11.1%

Summary: The 80014 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.3%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5158+13.7%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

14 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. 46.6% of homes here sold below asking price last month.

Summary: A total of 58 homes were sold or pending in 80014 in October 2024, up by 13.7% month-over-month. Of the 58 sold homes, 47% were sold under asking, 29% were sold at asking, and 24% 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

Oct 2023Oct 2024CHANGE
17 Days49 Days+175.1%

Summary: Homes in 80014 had an average of 49 days on market in Oct 2024, up by 175.1% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

27 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80014 has remained consistent over time.

Summary: During October 2024, 58 homes were sold in 80014; 43% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 10% 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 20 Days Ago

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