$7,422 Closing Credit*
$625,000
1,901 SqFt
2 Beds
•1 Full Bath, 1 Partial
Jessica Gallegos, Listing Office: Coldwell Banker Realty-NOCO
Is 80138, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 80138 has remained a Seller's Market.
Key Takeaway
80138 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80138, CO
How much do homes in 80138, CO cost?
Median Sold Price
$740,000
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$5,000(+0.7%)
Key Takeaway
Homes in 80138 have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in 80138 was $740,000 in December 2024, up 0.7% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $620.5K | $588.5K | -5.2% |
| 3 Bedrooms | $648K | $630.9K | -2.6% |
| 4 Bedrooms | $745K | $780K | +4.7% |
| 5+ Bedrooms | $875K | $849.9K | -2.9% |
Summary: 80138 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.2%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 2.9%.
Housing Supply in 80138, CO
How many homes are available in 80138, CO?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 171 | 151 | -11.7% |
Summary: The 80138 real estate market had 151 homes for sale in December 2024, a 11.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 20 | 21 | +5.0% |
| 3 Bedrooms | 51 | 42 | -17.6% |
| 4 Bedrooms | 53 | 45 | -15.1% |
| 5+ Bedrooms | 47 | 43 | -8.5% |
Summary: The 80138 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes decreased by 8.5%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 38 | 41 | +7.9% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80138, you may be able to get a good deal. 61% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in 80138 in December 2024, up by 7.9% month-over-month. Of the 41 sold homes, 61% were sold under asking, 15% were sold at asking, and 24% were sold over asking.
Days on Market for 80138, CO
How long does it take to sell a home in 80138, CO?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 38 Days | 85 Days | +121.9% |
Summary: Homes in 80138 had an average of 85 days on market in Dec 2024, up by 121.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 80138 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 41 homes were sold in 80138; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.
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