$6,946 Closing Credit*
$584,900
1,133 SqFt
3 Beds
•2 Baths
Eva Holguin, Listing Office: eXp Realty, LLC
Is 80205, 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, 80205 was a Seller's Market.
Key Takeaway
80205 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 80205, CO
How much do homes in 80205, CO cost?
Median Sold Price
$630,000
$439/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-0.8%)
Key Takeaway
Homes in 80205 have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in 80205 was $630,000 in November 2024, down 0.8% from last year, and the median price per square foot was $439.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $365K | $391K | +7.1% |
| 2 Bedrooms | $572.9K | $545K | -4.9% |
| 3 Bedrooms | $701.5K | $665.5K | -5.1% |
| 4 Bedrooms | $798.5K | $800K | 0.2% |
| 5+ Bedrooms | $1.0M | $885K | -13.6% |
Summary: 80205 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes decreased by 13.6%.
Housing Supply in 80205, CO
How many homes are available in 80205, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 198 | 187 | -5.6% |
Summary: The 80205 real estate market had 187 homes for sale in November 2024, a 5.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 30 | 31 | +3.3% |
| 2 Bedrooms | 61 | 58 | -4.9% |
| 3 Bedrooms | 51 | 47 | -7.8% |
| 4 Bedrooms | 42 | 38 | -9.5% |
| 5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The 80205 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.3%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 29 | -12.1% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80205, you may be able to get a good deal. 58.6% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in 80205 in November 2024, down by 12.1% month-over-month. Of the 29 sold homes, 59% were sold under asking, 17% were sold at asking, and 24% were sold over asking.
Days on Market for 80205, CO
How long does it take to sell a home in 80205, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 64 Days | +38.5% |
Summary: Homes in 80205 had an average of 64 days on market in Nov 2024, up by 38.5% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 80205 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 29 homes were sold in 80205; 48% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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