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 October 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

$490,000

$269/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+1.0%)

Key Takeaway

Homes in 80233 have sold for 1% more than they did a year ago.

Summary: The median home sold price in 80233 was $490,000 in October 2024, up 1% from last year, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $315K$230K
-27.0%
2 $393.5K$395K
0.4%
3 $480K$475.7K
-0.9%
4 $490K$500K
+2.0%
5+ $527K$522.5K
-0.9%

Summary: 80233 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27%, 2 bedroom homes increased by 0.4%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 0.9%.

Median Sold Price Compared To Nearby Zip Codes

80640
+2.1%
80229
+1.2%
80233
+1.0%
80241
+1.0%
80234
+0.6%

Housing Supply in 80233, CO

How many homes are available in 80233, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
131130-0.8%

Summary: The 80233 real estate market had 130 homes for sale in October 2024, a 0.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1113
+18.2%
3 4948
-2.0%
4 5251
-1.9%
5+ 1817
-5.6%

Summary: The 80233 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 5.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3938-2.6%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

11 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. 42.1% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in 80233 in October 2024, down by 2.6% month-over-month. Of the 38 sold homes, 42% were sold under asking, 29% were sold at asking, and 29% 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

Oct 2023Oct 2024CHANGE
20 Days29 Days+46.3%

Summary: Homes in 80233 had an average of 29 days on market in Oct 2024, up by 46.3% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 38 homes were sold in 80233; 58% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 3% 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 16 Days Ago

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