$5,047 Closing Credit*
$425,000
1,539 SqFt
2 Beds
•1 Full Bath, 1 Partial
Lydia Lin, Listing Office: ONE REALTY LLC
Is 80226, 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, 80226 was a Seller's Market.
Key Takeaway
80226 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 80226, CO
How much do homes in 80226, CO cost?
Median Sold Price
$545,933
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$15,316(-2.7%)
Key Takeaway
Homes in 80226 have sold for 2.7% less than they did a year ago.
Summary: The median home sold price in 80226 was $545,933 in October 2024, down 2.7% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $303.5K | $232.5K | -23.4% |
| 2 Bedrooms | $405K | $380K | -6.2% |
| 3 Bedrooms | $530K | $527.5K | -0.5% |
| 4 Bedrooms | $643K | $620K | -3.6% |
| 5+ Bedrooms | $750K | $732.6K | -2.3% |
Summary: 80226 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 decreased by 6.2%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 2.3%.
Housing Supply in 80226, CO
How many homes are available in 80226, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 113 | 125 | +10.6% |
Summary: The 80226 real estate market had 125 homes for sale in October 2024, a 10.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 8 | +33.3% |
| 2 Bedrooms | 23 | 27 | +17.4% |
| 3 Bedrooms | 32 | 37 | +15.6% |
| 4 Bedrooms | 34 | 35 | +2.9% |
| 5+ Bedrooms | 18 | 18 | 0.0% |
Summary: The 80226 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 21 | -19.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80226, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 21 homes were sold or pending in 80226 in October 2024, down by 19.2% month-over-month. Of the 21 sold homes, 33% were sold under asking, 43% were sold at asking, and 24% were sold over asking.
Days on Market for 80226, CO
How long does it take to sell a home in 80226, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 23 Days | +3.9% |
Summary: Homes in 80226 had an average of 23 days on market in Oct 2024, up by 3.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 80226 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 21 homes were sold in 80226; 67% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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