$4,738 Closing Credit*
$399,000
1,297 SqFt
4 Beds
•1 Full Bath, 1 Partial
Nicholas Monge, Listing Office: eXp Realty, LLC
Is 80221, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 80221 has remained a Seller's Market.
Key Takeaway
80221 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80221, CO
How much do homes in 80221, CO cost?
Median Sold Price
$509,333
$312/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,666(-2.1%)
Key Takeaway
Homes in 80221 have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in 80221 was $509,333 in November 2024, down 2.1% from last year, and the median price per square foot was $312.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $291K | N/A |
| 2 Bedrooms | $478.5K | $442K | -7.6% |
| 3 Bedrooms | $546K | $510K | -6.6% |
| 4 Bedrooms | $520K | $515K | -1.0% |
| 5+ Bedrooms | $600K | $545K | -9.2% |
Summary: 80221 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.6%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 9.2%.
Housing Supply in 80221, CO
How many homes are available in 80221, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 180 | 176 | -2.2% |
Summary: The 80221 real estate market had 176 homes for sale in November 2024, a 2.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 28 | 30 | +7.1% |
| 3 Bedrooms | 89 | 80 | -10.1% |
| 4 Bedrooms | 41 | 39 | -4.9% |
| 5+ Bedrooms | 20 | 24 | +20.0% |
Summary: The 80221 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 10.1%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 34 | -8.1% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80221, you may be able to get a good deal. 55.9% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in 80221 in November 2024, down by 8.1% month-over-month. Of the 34 sold homes, 56% were sold under asking, 29% were sold at asking, and 15% were sold over asking.
Days on Market for 80221, CO
How long does it take to sell a home in 80221, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 48 Days | +123.2% |
Summary: Homes in 80221 had an average of 48 days on market in Nov 2024, up by 123.2% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 80221 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 34 homes were sold in 80221; 59% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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