$10,000 Closing Credit*
$895,000
2,546 SqFt
4 Beds
•1 Full Bath, 1 Partial
Roger Shults, Listing Office: My Colorado Broker, LLC
Is 80107, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 80107 was a Seller's Market.
Key Takeaway
80107 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 80107, CO
How much do homes in 80107, CO cost?
Median Sold Price
$615,225
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$77,555(-11.2%)
Key Takeaway
Homes in 80107 have sold for 11.2% less than they did a year ago.
Summary: The median home sold price in 80107 was $615,225 in November 2024, down 11.2% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $1.1M | N/A |
| 2 Bedrooms | $650K | $435K | -33.1% |
| 3 Bedrooms | $585K | $515.5K | -11.9% |
| 4 Bedrooms | $649K | $630K | -2.9% |
| 5+ Bedrooms | $900K | $735K | -18.3% |
Summary: 80107 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 33.1%, 3 bedroom homes decreased by 11.9%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 18.3%.
Housing Supply in 80107, CO
How many homes are available in 80107, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 187 | 184 | -1.6% |
Summary: The 80107 real estate market had 184 homes for sale in November 2024, a 1.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 70 | 61 | -12.9% |
| 4 Bedrooms | 64 | 66 | +3.1% |
| 5+ Bedrooms | 50 | 55 | +10.0% |
Summary: The 80107 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 33.3%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 26 | -25.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80107, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 26 homes were sold or pending in 80107 in November 2024, down by 25.7% month-over-month. Of the 26 sold homes, 38% were sold under asking, 50% were sold at asking, and 12% were sold over asking.
Days on Market for 80107, CO
How long does it take to sell a home in 80107, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 53 Days | +33.3% |
Summary: Homes in 80107 had an average of 53 days on market in Nov 2024, up by 33.3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 80107 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in 80107; 58% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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