Is 80112, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80112 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 80112 has remained a Seller's Market.

Key Takeaway

80112 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80112, CO

How much do homes in 80112, CO cost?

Median Sold Price

$636,833

$320/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,833(+4.4%)

Key Takeaway

Homes in 80112 have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in 80112 was $636,833 in October 2024, up 4.4% from last year, and the median price per square foot was $320.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $319K$315K
-1.3%
2 $420K$405K
-3.6%
3 $555K$592.5K
+6.8%
4 $770K$765K
-0.6%
5+ $962.3K$900K
-6.5%

Summary: 80112 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 6.5%.

Median Sold Price Compared To Nearby Zip Codes

80112
+4.4%
80122
-2.9%
80016
-3.0%
80111
-10.7%
80124
-15.0%

Housing Supply in 80112, CO

How many homes are available in 80112, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
133149+12.0%

Summary: The 80112 real estate market had 149 homes for sale in October 2024, a 12.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 109
-10.0%
2 4851
+6.3%
3 2940
+37.9%
4 3235
+9.4%
5+ 1414
0.0%

Summary: The 80112 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 37.9%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2328+21.7%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80112, you may be able to get a good deal. 60.7% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 80112 in October 2024, up by 21.7% month-over-month. Of the 28 sold homes, 61% were sold under asking, 21% were sold at asking, and 18% were sold over asking.

Days on Market for 80112, CO

How long does it take to sell a home in 80112, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days33 Days+83.3%

Summary: Homes in 80112 had an average of 33 days on market in Oct 2024, up by 83.3% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80112 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 28 homes were sold in 80112; 54% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 4% 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 5 Days Ago

Newest Listings in 80112, CO

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