Is 80110, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80110 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 80110 was a Seller's Market.

Key Takeaway

80110 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 80110, CO

How much do homes in 80110, CO cost?

Median Sold Price

$527,500

$334/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,500(-0.5%)

Key Takeaway

The sold price of homes in 80110 has remained the same since last year.

Summary: The median home sold price in 80110 was $527,500 in October 2024, down 0.5% from last year, and the median price per square foot was $334.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $272.5K$300K
+10.1%
2 $436K$425K
-2.5%
3 $495K$525K
+6.1%
4 $594K$578.7K
-2.6%
5+ $613.2K$555K
-9.5%

Summary: 80110 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 9.5%.

Median Sold Price Compared To Nearby Zip Codes

80120
+1.1%
80236
0.1%
80110
-0.5%
80113
-1.7%
80223
-2.2%

Housing Supply in 80110, CO

How many homes are available in 80110, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
87102+17.2%

Summary: The 80110 real estate market had 102 homes for sale in October 2024, a 17.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 1418
+28.6%
3 3232
0.0%
4 2332
+39.1%
5+ 1315
+15.4%

Summary: The 80110 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 increased by 28.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 39.1%, and 5+ bedroom homes increased by 15.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1017+70.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80110, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 80110 in October 2024, up by 70.0% month-over-month. Of the 17 sold homes, 59% were sold under asking, 12% were sold at asking, and 29% were sold over asking.

Days on Market for 80110, CO

How long does it take to sell a home in 80110, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days30 Days+73.7%

Summary: Homes in 80110 had an average of 30 days on market in Oct 2024, up by 73.7% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80110 has remained consistent over time.

Summary: During October 2024, 17 homes were sold in 80110; 47% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 0% 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 80110, CO

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