$4,550,000
3,966 SqFt
5 Beds
•3 Full Baths, 1 Partial
Johnny DeBrito, Listing Office: LIV Sotheby's International Realty
Is 80121, 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, 80121 was a Neutral Market.
Key Takeaway
80121 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80121, CO
How much do homes in 80121, CO cost?
Median Sold Price
$717,500
$328/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$132,500(-15.6%)
Key Takeaway
Homes in 80121 have sold for 15.6% less than they did a year ago.
Summary: The median home sold price in 80121 was $717,500 in November 2024, down 15.6% from last year, and the median price per square foot was $328.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $535K | $498K | -6.9% |
| 3 Bedrooms | $622K | $588.5K | -5.4% |
| 4 Bedrooms | $800K | $728K | -9.0% |
| 5+ Bedrooms | $2.1M | $843.7K | -61.2% |
Summary: 80121 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.9%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes decreased by 61.2%.
Housing Supply in 80121, CO
How many homes are available in 80121, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 88 | 70 | -20.5% |
Summary: The 80121 real estate market had 70 homes for sale in November 2024, a 20.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 19 | 14 | -26.3% |
| 4 Bedrooms | 28 | 19 | -32.1% |
| 5+ Bedrooms | 33 | 31 | -6.1% |
Summary: The 80121 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 decreased by 28.6%, 3 bedroom homes decreased by 26.3%, 4 bedroom homes decreased by 32.1%, and 5+ bedroom homes decreased by 6.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 12 | -57.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80121, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 80121 in November 2024, down by 57.1% month-over-month. Of the 12 sold homes, 58% were sold under asking, 0% were sold at asking, and 42% were sold over asking.
Days on Market for 80121, CO
How long does it take to sell a home in 80121, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 26 Days | +94.2% |
Summary: Homes in 80121 had an average of 26 days on market in Nov 2024, up by 94.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 80121 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in 80121; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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