$10,000 Closing Credit*
$1,000,000
1,736 SqFt
5 Beds
•1 Full Bath, 2 Partial
Simon Kim, Listing Office: Simon Kim Realty
Is 80111, 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, 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
$865,000
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$133,000(-13.3%)
Key Takeaway
Homes in 80111 have sold for 13.3% less than they did a year ago.
Summary: The median home sold price in 80111 was $865,000 in December 2024, down 13.3% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $290K | $321.2K | +10.8% |
| 2 Bedrooms | $463.2K | $383.9K | -17.1% |
| 3 Bedrooms | $737K | $694.5K | -5.8% |
| 4 Bedrooms | $953.6K | $900K | -5.6% |
| 5+ Bedrooms | $1.2M | $1.3M | +2.3% |
Summary: 80111 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.8%, 2 bedroom homes decreased by 17.1%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 2.3%.
Housing Supply in 80111, CO
How many homes are available in 80111, CO?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 97 | 80 | -17.5% |
Summary: The 80111 real estate market had 80 homes for sale in December 2024, a 17.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 4 | -42.9% |
| 2 Bedrooms | 18 | 17 | -5.6% |
| 3 Bedrooms | 15 | 13 | -13.3% |
| 4 Bedrooms | 34 | 28 | -17.6% |
| 5+ Bedrooms | 23 | 18 | -21.7% |
Summary: The 80111 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes decreased by 21.7%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 22 | 25 | +13.6% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
9 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. 40% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 80111 in December 2024, up by 13.6% month-over-month. Of the 25 sold homes, 40% were sold under asking, 36% were sold at asking, and 24% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 38 Days | 38 Days | +0.8% |
Summary: Homes in 80111 had an average of 38 days on market in Dec 2024, up by 0.8% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 80111 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 25 homes were sold in 80111; 52% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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