$8,133 Closing Credit*
$684,900
3,010 SqFt
5 Beds
•2 Full Baths, 2 Partial
Tom Ullrich, Listing Office: RE/MAX Professionals
Is 80107, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 80107 has remained a Seller's Market.
Key Takeaway
80107 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80107, CO
How much do homes in 80107, CO cost?
Median Sold Price
$619,500
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$45,500(-6.8%)
Key Takeaway
Homes in 80107 have sold for 6.8% less than they did a year ago.
Summary: The median home sold price in 80107 was $619,500 in December 2024, down 6.8% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $1.1M | N/A |
| 2 Bedrooms | $650K | $435K | -33.1% |
| 3 Bedrooms | $562.4K | $525.4K | -6.6% |
| 4 Bedrooms | $649K | $634.9K | -2.2% |
| 5+ Bedrooms | $910K | $728.9K | -19.9% |
Summary: 80107 housing prices by bedroom type for December 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 6.6%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 19.9%.
Housing Supply in 80107, CO
How many homes are available in 80107, CO?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 179 | 185 | +3.4% |
Summary: The 80107 real estate market had 185 homes for sale in December 2024, a 3.4% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 60 | 65 | +8.3% |
| 4 Bedrooms | 63 | 63 | 0.0% |
| 5+ Bedrooms | 54 | 55 | +1.9% |
Summary: The 80107 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 1.9%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 25 | 41 | +64.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80107, expect to pay close to the asking price. 48.8% of homes here sold near the asking price last month.
Summary: A total of 41 homes were sold or pending in 80107 in December 2024, up by 64.0% month-over-month. Of the 41 sold homes, 39% were sold under asking, 49% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 29 Days | 55 Days | +88.7% |
Summary: Homes in 80107 had an average of 55 days on market in Dec 2024, up by 88.7% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 80107 has remained consistent over time.
Summary: During December 2024, 41 homes were sold in 80107; 34% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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