Is 80233, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80233 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 80233 has remained a Seller's Market.

Key Takeaway

80233 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80233, CO

How much do homes in 80233, CO cost?

Median Sold Price

$491,100

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,100(+2.3%)

Key Takeaway

Homes in 80233 have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in 80233 was $491,100 in November 2024, up 2.3% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $245K$210K
-14.3%
2 $393.5K$395K
0.4%
3 $479.5K$480K
0.1%
4 $490K$500K
+2.0%
5+ $523.5K$520K
-0.7%

Summary: 80233 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 0.7%.

Median Sold Price Compared To Nearby Zip Codes

80234
+3.8%
80233
+2.3%
80241
+1.0%
80229
+0.8%

Housing Supply in 80233, CO

How many homes are available in 80233, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
124118-4.8%

Summary: The 80233 real estate market had 118 homes for sale in November 2024, a 4.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1312
-7.7%
3 4649
+6.5%
4 4740
-14.9%
5+ 1716
-5.9%

Summary: The 80233 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes decreased by 5.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4023-42.5%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80233, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 80233 in November 2024, down by 42.5% month-over-month. Of the 23 sold homes, 43% were sold under asking, 17% were sold at asking, and 39% were sold over asking.

Days on Market for 80233, CO

How long does it take to sell a home in 80233, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days30 Days+75.5%

Summary: Homes in 80233 had an average of 30 days on market in Nov 2024, up by 75.5% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80233 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 23 homes were sold in 80233; 61% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 13% 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 17 Days Ago

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