Is 80215, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80215 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 80215 has remained a Seller's Market.

Key Takeaway

80215 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80215, CO

How much do homes in 80215, CO cost?

Median Sold Price

$695,500

$345/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,500(+3.0%)

Key Takeaway

Homes in 80215 have sold for 3% more than they did a year ago.

Summary: The median home sold price in 80215 was $695,500 in November 2024, up 3% from last year, and the median price per square foot was $345.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $199K$203K
+2.0%
2 $350K$425K
+21.4%
3 $642K$650K
+1.2%
4 $750K$800K
+6.7%
5+ $885K$967.5K
+9.3%

Summary: 80215 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 9.3%.

Median Sold Price Compared To Nearby Zip Codes

80401
+4.8%
80215
+3.0%
80226
-1.3%
80033
-7.8%
80214
-8.9%

Housing Supply in 80215, CO

How many homes are available in 80215, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8875-14.8%

Summary: The 80215 real estate market had 75 homes for sale in November 2024, a 14.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 2221
-4.5%
3 2720
-25.9%
4 2017
-15.0%
5+ 1715
-11.8%

Summary: The 80215 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.5%, 3 bedroom homes decreased by 25.9%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes decreased by 11.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1921+10.5%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80215, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 80215 in November 2024, up by 10.5% month-over-month. Of the 21 sold homes, 71% were sold under asking, 10% were sold at asking, and 19% were sold over asking.

Days on Market for 80215, CO

How long does it take to sell a home in 80215, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
31 Days49 Days+55.3%

Summary: Homes in 80215 had an average of 49 days on market in Nov 2024, up by 55.3% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80215 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 21 homes were sold in 80215; 52% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 19% 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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MLS Disclaimers and Copyright

Based on information from REColorado for the period 12/01/2022 - 12/01/2024

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Last updated on: 12/18/2024, 1:12:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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