$10,000 Closing Credit*
$975,000
2,872 SqFt
4 Beds
•1 Full Bath, 2 Partial
Chad Griffith, Listing Office: RE/MAX Professionals
Is 80111, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 80111 has remained a Seller's Market.
Key Takeaway
80111 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80111, CO
How much do homes in 80111, CO cost?
Median Sold Price
$888,500
$332/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$106,500(-10.7%)
Key Takeaway
Homes in 80111 have sold for 10.7% less than they did a year ago.
Summary: The median home sold price in 80111 was $888,500 in October 2024, down 10.7% from last year, and the median price per square foot was $332.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $313.4K | $342.5K | +9.3% |
| 2 Bedrooms | $423.3K | $392.5K | -7.3% |
| 3 Bedrooms | $749K | $673.5K | -10.1% |
| 4 Bedrooms | $985K | $900K | -8.6% |
| 5+ Bedrooms | $1.2M | $1.3M | +5.8% |
Summary: 80111 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes decreased by 10.1%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 5.8%.
Housing Supply in 80111, CO
How many homes are available in 80111, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 131 | 139 | +6.1% |
Summary: The 80111 real estate market had 139 homes for sale in October 2024, a 6.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 13 | +8.3% |
| 2 Bedrooms | 22 | 22 | 0.0% |
| 3 Bedrooms | 22 | 22 | 0.0% |
| 4 Bedrooms | 39 | 42 | +7.7% |
| 5+ Bedrooms | 36 | 40 | +11.1% |
Summary: The 80111 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 32 | +52.4% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80111, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in 80111 in October 2024, up by 52.4% month-over-month. Of the 32 sold homes, 75% were sold under asking, 6% were sold at asking, and 19% were sold over asking.
Days on Market for 80111, CO
How long does it take to sell a home in 80111, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 56 Days | +247.2% |
Summary: Homes in 80111 had an average of 56 days on market in Oct 2024, up by 247.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 80111 has remained consistent over time.
Summary: During October 2024, 32 homes were sold in 80111; 34% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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