Is 80232, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80232 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 80232 has remained a Seller's Market.

Key Takeaway

80232 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80232, CO

How much do homes in 80232, CO cost?

Median Sold Price

$555,000

$309/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+2.8%)

Key Takeaway

Homes in 80232 have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in 80232 was $555,000 in October 2024, up 2.8% from last year, and the median price per square foot was $309.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $216.5K$215K
-0.7%
2 $400K$401.5K
0.4%
3 $535K$546K
+2.1%
4 $572.5K$593.5K
+3.7%
5+ $630K$580K
-7.9%

Summary: 80232 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 7.9%.

Median Sold Price Compared To Nearby Zip Codes

80232
+2.8%
80228
+2.2%
80219
+0.9%
80226
-2.7%
80227
-6.4%

Housing Supply in 80232, CO

How many homes are available in 80232, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
100106+6.0%

Summary: The 80232 real estate market had 106 homes for sale in October 2024, a 6.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 36
+100.0%
2 1319
+46.2%
3 3128
-9.7%
4 3638
+5.6%
5+ 1715
-11.8%

Summary: The 80232 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 46.2%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 11.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2227+22.7%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80232, you may be able to get a good deal. 40.7% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 80232 in October 2024, up by 22.7% month-over-month. Of the 27 sold homes, 41% were sold under asking, 26% were sold at asking, and 33% were sold over asking.

Days on Market for 80232, CO

How long does it take to sell a home in 80232, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
11 Days33 Days+198.3%

Summary: Homes in 80232 had an average of 33 days on market in Oct 2024, up by 198.3% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80232 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 27 homes were sold in 80232; 52% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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Nearby Markets to 80232, CO

MLS Disclaimers and Copyright

Based on information from REColorado for the period 11/01/2022 - 11/01/2024

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Last updated on: 11/23/2024, 12:57:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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