$3,622 Closing Credit*
$305,000
787 SqFt
1 Bed
•1 Full Bath
Lyn Drake, Listing Office: RE/MAX Professionals
Is 80123, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 80123 has remained a Seller's Market.
Key Takeaway
80123 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80123, CO
How much do homes in 80123, CO cost?
Median Sold Price
$609,250
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$750(-0.1%)
Key Takeaway
The sold price of homes in 80123 has remained the same since last year.
Summary: The median home sold price in 80123 was $609,250 in November 2024, down 0.1% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $315K | $300K | -4.8% |
| 2 Bedrooms | $410.2K | $415K | +1.2% |
| 3 Bedrooms | $605K | $612.6K | +1.3% |
| 4 Bedrooms | $692K | $713.2K | +3.1% |
| 5+ Bedrooms | $1.3M | $1.1M | -18.4% |
Summary: 80123 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 18.4%.
Housing Supply in 80123, CO
How many homes are available in 80123, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 214 | 175 | -18.2% |
Summary: The 80123 real estate market had 175 homes for sale in November 2024, a 18.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 8 | -27.3% |
| 2 Bedrooms | 38 | 38 | 0.0% |
| 3 Bedrooms | 60 | 48 | -20.0% |
| 4 Bedrooms | 65 | 50 | -23.1% |
| 5+ Bedrooms | 40 | 31 | -22.5% |
Summary: The 80123 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 27.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes decreased by 22.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 34 | -44.3% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80123, you may be able to get a good deal. 55.9% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in 80123 in November 2024, down by 44.3% month-over-month. Of the 34 sold homes, 56% were sold under asking, 29% were sold at asking, and 15% were sold over asking.
Days on Market for 80123, CO
How long does it take to sell a home in 80123, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 42 Days | +176.0% |
Summary: Homes in 80123 had an average of 42 days on market in Nov 2024, up by 176% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 80123 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 34 homes were sold in 80123; 50% of homes were sold within 30 days, 35% 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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