Is 80206, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80206 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 80206 was a Seller's Market.

Key Takeaway

80206 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 80206, CO

How much do homes in 80206, CO cost?

Median Sold Price

$1,000,666

$484/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$124,333(-11.1%)

Key Takeaway

Homes in 80206 have sold for 11.1% less than they did a year ago.

Summary: The median home sold price in 80206 was $1,000,666 in October 2024, down 11.1% from last year, and the median price per square foot was $484.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $347K$360.7K
+4.0%
2 $725K$680K
-6.2%
3 $1.1M$994.5K
-17.0%
4 $1.3M$1.4M
+8.0%
5+ $2.1M$1.7M
-18.5%

Summary: 80206 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes decreased by 17%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 18.5%.

Median Sold Price Compared To Nearby Zip Codes

80205
+2.7%
80218
+2.3%
80206
-11.1%
80209
-13.8%
80220
-17.3%

Housing Supply in 80206, CO

How many homes are available in 80206, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
141142+0.7%

Summary: The 80206 real estate market had 142 homes for sale in October 2024, a 0.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1420
+42.9%
2 4448
+9.1%
3 3836
-5.3%
4 3225
-21.9%
5+ 1313
0.0%

Summary: The 80206 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 21.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2423-4.2%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80206, you may be able to get a good deal. 69.6% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 80206 in October 2024, down by 4.2% month-over-month. Of the 23 sold homes, 70% were sold under asking, 13% were sold at asking, and 17% were sold over asking.

Days on Market for 80206, CO

How long does it take to sell a home in 80206, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days49 Days+57.2%

Summary: Homes in 80206 had an average of 49 days on market in Oct 2024, up by 57.2% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80206 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 23 homes were sold in 80206; 52% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 26% 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 16 Days Ago

Real Estate Agent illustration

Local real estate agents are ready to help you find a home here.

Connect With An Agent
Real Estate Agent illustration

Sell your home with an expert or get the job done on your own.

Sell My Home
Real Estate Agent illustration

Get a customizable mortgage solution based on today's rates.

Get Approved

Newest Listings in 80206, CO

Nearby Markets to 80206, CO

MLS Disclaimers and Copyright

Based on information from REColorado for the period 11/01/2022 - 11/01/2024

IDX Listings courtesy of REColorado as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX ©2024 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.

Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 4:12:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Popular Cities with Homes for Sale in Colorado