Is 80202, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80202 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 80202 has remained a Buyer's Market.

Key Takeaway

80202 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80202, CO

How much do homes in 80202, CO cost?

Median Sold Price

$600,000

$552/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$74,500(-11.0%)

Key Takeaway

Homes in 80202 have sold for 11% less than they did a year ago.

Summary: The median home sold price in 80202 was $600,000 in November 2024, down 11% from last year, and the median price per square foot was $552.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $500K$476.5K
-4.7%
2 $895K$720K
-19.6%
3 $992.5K$1.0M
+5.8%
4 --
N/A
5+ -$800K
N/A

Summary: 80202 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes decreased by 19.6%, 3 bedroom homes increased by 5.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 80202, CO

How many homes are available in 80202, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
181185+2.2%

Summary: The 80202 real estate market had 185 homes for sale in November 2024, a 2.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 7675
-1.3%
2 8792
+5.7%
3 1717
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 80202 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 5.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1315+15.4%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80202, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 80202 in November 2024, up by 15.4% month-over-month. Of the 15 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for 80202, CO

How long does it take to sell a home in 80202, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days77 Days+102.5%

Summary: Homes in 80202 had an average of 77 days on market in Nov 2024, up by 102.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80202 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 15 homes were sold in 80202; 47% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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Last updated on: 12/18/2024, 12:57:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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