Is 80108, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80108 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 80108 was a Neutral Market.

Key Takeaway

80108 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80108, CO

How much do homes in 80108, CO cost?

Median Sold Price

$866,000

$290/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$32,000(-3.6%)

Key Takeaway

Homes in 80108 have sold for 3.6% less than they did a year ago.

Summary: The median home sold price in 80108 was $866,000 in November 2024, down 3.6% from last year, and the median price per square foot was $290.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $295K$285K
-3.4%
2 $475K$467.5K
-1.6%
3 $779K$729K
-6.4%
4 $885K$865K
-2.3%
5+ $1.1M$1.0M
-6.6%

Summary: 80108 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.4%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 6.6%.

Median Sold Price Compared To Nearby Zip Codes

80104
+2.4%
80134
0.3%
80109
-1.2%
80108
-3.6%
80124
-5.1%

Housing Supply in 80108, CO

How many homes are available in 80108, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
300280-6.7%

Summary: The 80108 real estate market had 280 homes for sale in November 2024, a 6.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2624
-7.7%
3 7065
-7.1%
4 110102
-7.3%
5+ 9489
-5.3%

Summary: The 80108 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 7.7%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 5.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5848-17.2%

Asking Price vs. Sold Price

39 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80108, you may be able to get a good deal. 81.3% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in 80108 in November 2024, down by 17.2% month-over-month. Of the 48 sold homes, 81% were sold under asking, 10% were sold at asking, and 8% were sold over asking.

Days on Market for 80108, CO

How long does it take to sell a home in 80108, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
41 Days57 Days+36.9%

Summary: Homes in 80108 had an average of 57 days on market in Nov 2024, up by 36.9% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80108 has remained consistent over time.

Summary: During November 2024, 48 homes were sold in 80108; 38% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 19% 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 80108, CO

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