$4,275 Closing Credit*
$360,000
1,028 SqFt
2 Beds
•1 Full Bath, 1 Partial
Loria Woolverton, Listing Office: eXp Realty, LLC
Is 80228, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 80228 has remained a Seller's Market.
Key Takeaway
80228 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80228, CO
How much do homes in 80228, CO cost?
Median Sold Price
$664,301
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,301(+2.2%)
Key Takeaway
Homes in 80228 have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in 80228 was $664,301 in October 2024, up 2.2% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295K | $260K | -11.9% |
| 2 Bedrooms | $366.5K | $350K | -4.5% |
| 3 Bedrooms | $630K | $660.9K | +4.9% |
| 4 Bedrooms | $748.5K | $755K | +0.9% |
| 5+ Bedrooms | $820K | $760K | -7.3% |
Summary: 80228 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.9%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 7.3%.
Housing Supply in 80228, CO
How many homes are available in 80228, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 171 | 176 | +2.9% |
Summary: The 80228 real estate market had 176 homes for sale in October 2024, a 2.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 11 | +22.2% |
| 2 Bedrooms | 29 | 31 | +6.9% |
| 3 Bedrooms | 48 | 46 | -4.2% |
| 4 Bedrooms | 51 | 51 | 0.0% |
| 5+ Bedrooms | 34 | 37 | +8.8% |
Summary: The 80228 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 6.9%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 8.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 54 | +31.7% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80228, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in 80228 in October 2024, up by 31.7% month-over-month. Of the 54 sold homes, 50% were sold under asking, 26% were sold at asking, and 24% were sold over asking.
Days on Market for 80228, CO
How long does it take to sell a home in 80228, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 26 Days | +70.0% |
Summary: Homes in 80228 had an average of 26 days on market in Oct 2024, up by 70% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 80228 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 54 homes were sold in 80228; 69% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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