Is 80020, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80020 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 80020 has remained a Seller's Market.

Key Takeaway

80020 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80020, CO

How much do homes in 80020, CO cost?

Median Sold Price

$580,000

$297/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in 80020 has remained the same since last year.

Summary: The median home sold price in 80020 was $580,000 in November 2024, the same as last year, and the median price per square foot was $297.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $347.2K$347.5K
0.1%
2 $446.9K$449.9K
+0.7%
3 $568.6K$549.9K
-3.3%
4 $602.5K$616.9K
+2.4%
5+ $745K$725K
-2.7%

Summary: 80020 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes increased by 0.7%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 2.7%.

Median Sold Price Compared To Nearby Zip Codes

80234
+3.8%
80021
+2.4%
80020
0.0%
80031
-3.5%
80023
-13.2%

Housing Supply in 80020, CO

How many homes are available in 80020, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
196167-14.8%

Summary: The 80020 real estate market had 167 homes for sale in November 2024, a 14.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 35
+66.7%
2 2220
-9.1%
3 5250
-3.8%
4 8062
-22.5%
5+ 3930
-23.1%

Summary: The 80020 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 22.5%, and 5+ bedroom homes decreased by 23.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6549-24.6%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80020, you may be able to get a good deal. 40.8% of homes here sold below asking price last month.

Summary: A total of 49 homes were sold or pending in 80020 in November 2024, down by 24.6% month-over-month. Of the 49 sold homes, 41% were sold under asking, 35% were sold at asking, and 24% were sold over asking.

Days on Market for 80020, CO

How long does it take to sell a home in 80020, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days39 Days+48.2%

Summary: Homes in 80020 had an average of 39 days on market in Nov 2024, up by 48.2% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80020 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 49 homes were sold in 80020; 63% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 8% 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 80020, CO

Nearby Markets to 80020, CO