$2,553 Closing Credit*
$215,000
599 SqFt
1 Bed
•1 Full Bath
Paul Erdmann, Listing Office: Brokers Guild Real Estate
Is 80235, 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, 80235 has remained a Seller's Market.
Key Takeaway
80235 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80235, CO
How much do homes in 80235, CO cost?
Median Sold Price
$467,500
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$57,500(+14.0%)
Key Takeaway
Homes in 80235 have sold for 14% more than they did a year ago.
Summary: The median home sold price in 80235 was $467,500 in October 2024, up 14% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $238K | $207.4K | -12.8% |
| 2 Bedrooms | $290K | $289.4K | -0.2% |
| 3 Bedrooms | $741.1K | $651.7K | -12.1% |
| 4 Bedrooms | $610K | $660K | +8.2% |
| 5+ Bedrooms | $780K | $1.0M | +33.3% |
Summary: 80235 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.8%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 33.3%.
Housing Supply in 80235, CO
How many homes are available in 80235, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 38 | -5.0% |
Summary: The 80235 real estate market had 38 homes for sale in October 2024, a 5.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 3 | -50.0% |
| 2 Bedrooms | 15 | 15 | 0.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 80235 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80235, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 80235 in October 2024, down by 28.6% month-over-month. Of the 10 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for 80235, CO
How long does it take to sell a home in 80235, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 31 Days | +343.7% |
Summary: Homes in 80235 had an average of 31 days on market in Oct 2024, up by 343.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 80235 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in 80235; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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