$8,311 Closing Credit*
$699,900
2,508 SqFt
6 Beds
•2 Baths
Darren Fogel, Listing Office: MB Denver Colorado Realty Source
Is 80207, 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, 80207 has remained a Seller's Market.
Key Takeaway
80207 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80207, CO
How much do homes in 80207, CO cost?
Median Sold Price
$635,300
$402/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$200(0%)
Key Takeaway
The sold price of homes in 80207 has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $425K | $325.7K | -23.4% |
| 2 Bedrooms | $430K | $491.7K | +14.3% |
| 3 Bedrooms | $635.5K | $635K | -0.1% |
| 4 Bedrooms | $750K | $690K | -8.0% |
| 5+ Bedrooms | $1.3M | $1.2M | -3.8% |
Summary: 80207 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.4%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 3.8%.
Housing Supply in 80207, CO
How many homes are available in 80207, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 112 | 122 | +8.9% |
Summary: The 80207 real estate market had 122 homes for sale in October 2024, a 8.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 14 | 19 | +35.7% |
| 3 Bedrooms | 49 | 46 | -6.1% |
| 4 Bedrooms | 36 | 37 | +2.8% |
| 5+ Bedrooms | 13 | 19 | +46.2% |
Summary: The 80207 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 35.7%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 46.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 28 | +12.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80207, you may be able to get a good deal. 53.6% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in 80207 in October 2024, up by 12.0% month-over-month. Of the 28 sold homes, 54% were sold under asking, 25% were sold at asking, and 21% were sold over asking.
Days on Market for 80207, CO
How long does it take to sell a home in 80207, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 32 Days | +10.2% |
Summary: Homes in 80207 had an average of 32 days on market in Oct 2024, up by 10.2% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 80207 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 28 homes were sold in 80207; 64% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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