$3,622 Closing Credit*
$304,990
928 SqFt
2 Beds
•1 Full Bath, 1 Partial
Art Schwadron, Listing Office: RE/MAX of Boulder, Inc
Is 80220, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 80220 was a Seller's Market.
Key Takeaway
80220 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 80220, CO
How much do homes in 80220, CO cost?
Median Sold Price
$640,383
$414/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$133,866(-17.3%)
Key Takeaway
Homes in 80220 have sold for 17.3% less than they did a year ago.
Summary: The median home sold price in 80220 was $640,383 in October 2024, down 17.3% from last year, and the median price per square foot was $414.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $243K | $256.5K | +5.6% |
| 2 Bedrooms | $438.5K | $449K | +2.4% |
| 3 Bedrooms | $764.1K | $650K | -14.9% |
| 4 Bedrooms | $1.1M | $945.4K | -14.8% |
| 5+ Bedrooms | $1.5M | $1.7M | +12.2% |
Summary: 80220 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 2.4%, 3 bedroom homes decreased by 14.9%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes increased by 12.2%.
Housing Supply in 80220, CO
How many homes are available in 80220, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 231 | 249 | +7.8% |
Summary: The 80220 real estate market had 249 homes for sale in October 2024, a 7.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 33 | 34 | +3.0% |
| 2 Bedrooms | 59 | 67 | +13.6% |
| 3 Bedrooms | 70 | 72 | +2.9% |
| 4 Bedrooms | 40 | 41 | +2.5% |
| 5+ Bedrooms | 29 | 35 | +20.7% |
Summary: The 80220 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 20.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 38 | +8.6% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80220, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in 80220 in October 2024, up by 8.6% month-over-month. Of the 38 sold homes, 58% were sold under asking, 26% were sold at asking, and 16% were sold over asking.
Days on Market for 80220, CO
How long does it take to sell a home in 80220, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 64 Days | +274.7% |
Summary: Homes in 80220 had an average of 64 days on market in Oct 2024, up by 274.7% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 80220 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 38 homes were sold in 80220; 42% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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