Is 80104, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80104 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 80104 was a Neutral Market.

Key Takeaway

80104 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80104, CO

How much do homes in 80104, CO cost?

Median Sold Price

$620,000

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,333(+1.4%)

Key Takeaway

Homes in 80104 have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in 80104 was $620,000 in October 2024, up 1.4% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $200K$238K
+19.0%
2 $445K$425K
-4.5%
3 $550K$565K
+2.7%
4 $660K$670K
+1.5%
5+ $808.5K$801K
-0.9%

Summary: 80104 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 0.9%.

Median Sold Price Compared To Nearby Zip Codes

80118
+6.2%
80104
+1.4%
80108
-2.6%
80109
-5.4%
80116
-18.3%

Housing Supply in 80104, CO

How many homes are available in 80104, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
377399+5.8%

Summary: The 80104 real estate market had 399 homes for sale in October 2024, a 5.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 4755
+17.0%
3 118113
-4.2%
4 129145
+12.4%
5+ 8183
+2.5%

Summary: The 80104 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 17%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 2.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6772+7.5%

Asking Price vs. Sold Price

41 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80104, you may be able to get a good deal. 56.9% of homes here sold below asking price last month.

Summary: A total of 72 homes were sold or pending in 80104 in October 2024, up by 7.5% month-over-month. Of the 72 sold homes, 57% were sold under asking, 22% were sold at asking, and 21% were sold over asking.

Days on Market for 80104, CO

How long does it take to sell a home in 80104, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days53 Days+113.7%

Summary: Homes in 80104 had an average of 53 days on market in Oct 2024, up by 113.7% compared to last year.

Breakdown of Home Sale Times

34 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80104 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 72 homes were sold in 80104; 47% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 18% 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 16 Days Ago

Newest Listings in 80104, CO

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