Is 80017, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80017 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 80017 was a Seller's Market.

Key Takeaway

80017 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 80017, CO

How much do homes in 80017, CO cost?

Median Sold Price

$429,250

$278/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,250(+3.4%)

Key Takeaway

Homes in 80017 have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in 80017 was $429,250 in November 2024, up 3.4% from last year, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $210K$217.5K
+3.6%
2 $325K$310K
-4.6%
3 $431K$445K
+3.2%
4 $495K$488K
-1.4%
5+ $520K$546.2K
+5.0%

Summary: 80017 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 5%.

Median Sold Price Compared To Nearby Zip Codes

80011
+4.7%
80017
+3.4%
80013
+2.1%
80018
-1.1%

Housing Supply in 80017, CO

How many homes are available in 80017, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2032030.0%

Summary: The 80017 real estate market had 203 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1818
0.0%
2 5951
-13.6%
3 8086
+7.5%
4 3941
+5.1%
5+ 77
0.0%

Summary: The 80017 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.6%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4031-22.5%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80017, you may be able to get a good deal. 38.7% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in 80017 in November 2024, down by 22.5% month-over-month. Of the 31 sold homes, 39% were sold under asking, 23% were sold at asking, and 39% 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

Nov 2023Nov 2024CHANGE
23 Days25 Days+11.4%

Summary: Homes in 80017 had an average of 25 days on market in Nov 2024, up by 11.4% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80017 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 31 homes were sold in 80017; 68% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 3% 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 17 Days Ago

Newest Listings in 80017, CO

Nearby Markets to 80017, CO