$6,233 Closing Credit*
$524,900
1,906 SqFt
5 Beds
•1 Full Bath, 1 Partial
Monroe Henninger, Listing Office: Brix Real Estate LLC
Is 80120, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 80120 was a Seller's Market.
Key Takeaway
80120 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 80120, CO
How much do homes in 80120, CO cost?
Median Sold Price
$634,950
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,050(-1.6%)
Key Takeaway
Homes in 80120 have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in 80120 was $634,950 in November 2024, down 1.6% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $310K | $301.2K | -2.8% |
| 2 Bedrooms | $515K | $475K | -7.8% |
| 3 Bedrooms | $610K | $572K | -6.2% |
| 4 Bedrooms | $702.5K | $712K | +1.4% |
| 5+ Bedrooms | $799.9K | $892.2K | +11.5% |
Summary: 80120 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes decreased by 7.8%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 11.5%.
Housing Supply in 80120, CO
How many homes are available in 80120, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 127 | 121 | -4.7% |
Summary: The 80120 real estate market had 121 homes for sale in November 2024, a 4.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 24 | 25 | +4.2% |
| 3 Bedrooms | 35 | 36 | +2.9% |
| 4 Bedrooms | 38 | 31 | -18.4% |
| 5+ Bedrooms | 26 | 25 | -3.8% |
Summary: The 80120 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 increased by 4.2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes decreased by 3.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 20 | -13.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80120, you may be able to get a good deal. 55% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 80120 in November 2024, down by 13.0% month-over-month. Of the 20 sold homes, 55% were sold under asking, 15% were sold at asking, and 30% were sold over asking.
Days on Market for 80120, CO
How long does it take to sell a home in 80120, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 37 Days | +62.3% |
Summary: Homes in 80120 had an average of 37 days on market in Nov 2024, up by 62.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 80120 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 20 homes were sold in 80120; 60% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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