$6,530 Closing Credit*
$549,900
2,140 SqFt
3 Beds
•1 Full Bath, 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 October 2023
At the same time last year, 80107 was a Buyer'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
$619,233
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$80,766(-11.5%)
Key Takeaway
Homes in 80107 have sold for 11.5% less than they did a year ago.
Summary: The median home sold price in 80107 was $619,233 in October 2024, down 11.5% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $1.1M | N/A |
| 2 Bedrooms | $650K | $435K | -33.1% |
| 3 Bedrooms | $589K | $520K | -11.7% |
| 4 Bedrooms | $657.5K | $638.1K | -2.9% |
| 5+ Bedrooms | $900K | $770K | -14.4% |
Summary: 80107 housing prices by bedroom type for October 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 11.7%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 14.4%.
Housing Supply in 80107, CO
How many homes are available in 80107, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 200 | 195 | -2.5% |
Summary: The 80107 real estate market had 195 homes for sale in October 2024, a 2.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 79 | 71 | -10.1% |
| 4 Bedrooms | 64 | 66 | +3.1% |
| 5+ Bedrooms | 52 | 54 | +3.8% |
Summary: The 80107 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 10.1%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 3.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 35 | -14.6% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80107, expect to pay close to the asking price. 54.3% of homes here sold near the asking price last month.
Summary: A total of 35 homes were sold or pending in 80107 in October 2024, down by 14.6% month-over-month. Of the 35 sold homes, 34% were sold under asking, 54% were sold at asking, and 11% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 60 Days | 42 Days | -30.4% |
Summary: Homes in 80107 had an average of 42 days on market in Oct 2024, down by 30.4% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
4 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 October 2024, 35 homes were sold in 80107; 51% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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