$2,553 Closing Credit*
$215,000
734 SqFt
1 Bed
•1 Full Bath
Jon Bastone, Listing Office: LIV Sotheby's International Realty
Is 80017, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 80017 has remained a Seller's Market.
Key Takeaway
80017 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80017, CO
How much do homes in 80017, CO cost?
Median Sold Price
$430,000
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+3.6%)
Key Takeaway
Homes in 80017 have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in 80017 was $430,000 in October 2024, up 3.6% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $219.3K | +4.4% |
| 2 Bedrooms | $325K | $310K | -4.6% |
| 3 Bedrooms | $424.5K | $448.9K | +5.8% |
| 4 Bedrooms | $486K | $489.9K | +0.8% |
| 5+ Bedrooms | $515K | $542.7K | +5.4% |
Summary: 80017 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 5.4%.
Housing Supply in 80017, CO
How many homes are available in 80017, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 189 | 223 | +18.0% |
Summary: The 80017 real estate market had 223 homes for sale in October 2024, a 18.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 20 | 21 | +5.0% |
| 2 Bedrooms | 63 | 67 | +6.3% |
| 3 Bedrooms | 62 | 86 | +38.7% |
| 4 Bedrooms | 38 | 42 | +10.5% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 80017 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 38.7%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 38 | +40.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80017, you may be able to get a good deal. 34.2% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in 80017 in October 2024, up by 40.7% month-over-month. Of the 38 sold homes, 34% were sold under asking, 32% were sold at asking, and 34% were sold over asking.
Days on Market for 80017, CO
How long does it take to sell a home in 80017, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 39 Days | +68.0% |
Summary: Homes in 80017 had an average of 39 days on market in Oct 2024, up by 68% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 80017 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 38 homes were sold in 80017; 58% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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