$7,422 Closing Credit*
$625,000
1,100 SqFt
2 Beds
•2 Full Baths
Rachel Vecchio, Listing Office: Zezen Realty LLC
Is 80223, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 80223 was a Buyer's Market.
Key Takeaway
80223 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80223, CO
How much do homes in 80223, CO cost?
Median Sold Price
$499,999
$449/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$11,500(-2.2%)
Key Takeaway
Homes in 80223 have sold for 2.2% less than they did a year ago.
Summary: The median home sold price in 80223 was $499,999 in November 2024, down 2.2% from last year, and the median price per square foot was $449.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $420K | $400K | -4.8% |
| 2 Bedrooms | $435K | $445K | +2.3% |
| 3 Bedrooms | $511.5K | $535K | +4.6% |
| 4 Bedrooms | $565K | $651.1K | +15.2% |
| 5+ Bedrooms | $925K | $800.3K | -13.5% |
Summary: 80223 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes decreased by 13.5%.
Housing Supply in 80223, CO
How many homes are available in 80223, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 80 | 83 | +3.8% |
Summary: The 80223 real estate market had 83 homes for sale in November 2024, a 3.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 9 | -25.0% |
| 2 Bedrooms | 19 | 25 | +31.6% |
| 3 Bedrooms | 24 | 24 | 0.0% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 80223 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 31.6%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80223, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 80223 in November 2024, up by 7.7% month-over-month. Of the 14 sold homes, 43% were sold under asking, 36% were sold at asking, and 21% were sold over asking.
Days on Market for 80223, CO
How long does it take to sell a home in 80223, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 44 Days | +89.7% |
Summary: Homes in 80223 had an average of 44 days on market in Nov 2024, up by 89.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 80223 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in 80223; 64% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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