Is 80015, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80015 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 80015 has remained a Seller's Market.

Key Takeaway

80015 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80015, CO

How much do homes in 80015, CO cost?

Median Sold Price

$544,944

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$15,055(-2.7%)

Key Takeaway

Homes in 80015 have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in 80015 was $544,944 in October 2024, down 2.7% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $240K$230K
-4.2%
2 $335K$344.5K
+2.8%
3 $520K$507.6K
-2.4%
4 $585K$590K
+0.9%
5+ $722.5K$670K
-7.3%

Summary: 80015 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.2%, 2 bedroom homes increased by 2.8%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 7.3%.

Median Sold Price Compared To Nearby Zip Codes

80013
+1.5%
80014
0.4%
80018
-0.9%
80015
-2.7%
80016
-3.0%

Housing Supply in 80015, CO

How many homes are available in 80015, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
353372+5.4%

Summary: The 80015 real estate market had 372 homes for sale in October 2024, a 5.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 3743
+16.2%
3 133135
+1.5%
4 122128
+4.9%
5+ 5762
+8.8%

Summary: The 80015 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 8.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7177+8.5%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

26 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80015, you may be able to get a good deal. 39% of homes here sold below asking price last month.

Summary: A total of 77 homes were sold or pending in 80015 in October 2024, up by 8.5% month-over-month. Of the 77 sold homes, 39% were sold under asking, 34% were sold at asking, and 27% were sold over asking.

Days on Market for 80015, CO

How long does it take to sell a home in 80015, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days45 Days+206.3%

Summary: Homes in 80015 had an average of 45 days on market in Oct 2024, up by 206.3% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80015 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 77 homes were sold in 80015; 47% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 17% 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 5 Days Ago

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