$7,956 Closing Credit*
$670,000
1,998 SqFt
3 Beds
•1 Full Bath, 2 Partial
Mike Kornelsen, Listing Office: Coldwell Banker Global Luxury Denver
Is 80129, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 80129 has remained a Seller's Market.
Key Takeaway
80129 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80129, CO
How much do homes in 80129, CO cost?
Median Sold Price
$675,000
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$4,500(-0.7%)
Key Takeaway
Homes in 80129 have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in 80129 was $675,000 in October 2024, down 0.7% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | - | N/A |
| 2 Bedrooms | $542.5K | $511K | -5.8% |
| 3 Bedrooms | $605K | $630K | +4.1% |
| 4 Bedrooms | $702.5K | $740K | +5.3% |
| 5+ Bedrooms | $858K | $900K | +4.9% |
Summary: 80129 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 4.9%.
Housing Supply in 80129, CO
How many homes are available in 80129, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 130 | 141 | +8.5% |
Summary: The 80129 real estate market had 141 homes for sale in October 2024, a 8.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 25 | 24 | -4.0% |
| 3 Bedrooms | 37 | 41 | +10.8% |
| 4 Bedrooms | 27 | 32 | +18.5% |
| 5+ Bedrooms | 41 | 44 | +7.3% |
Summary: The 80129 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes increased by 7.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 29 | +3.6% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80129, you may be able to get a good deal. 41.4% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in 80129 in October 2024, up by 3.6% month-over-month. Of the 29 sold homes, 41% were sold under asking, 28% were sold at asking, and 31% were sold over asking.
Days on Market for 80129, CO
How long does it take to sell a home in 80129, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 32 Days | -3.0% |
Summary: Homes in 80129 had an average of 32 days on market in Oct 2024, down by 3% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 80129 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 29 homes were sold in 80129; 66% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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