Is 80235, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80235 is a seller's market

Buyer's
Market

Difference Since November 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

$475,000

$285/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+3.3%)

Key Takeaway

Homes in 80235 have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in 80235 was $475,000 in November 2024, up 3.3% from last year, and the median price per square foot was $285.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $232.5K$207.4K
-10.8%
2 $288.7K$285K
-1.3%
3 $663K$653.5K
-1.4%
4 $709K$657.7K
-7.2%
5+ $780K$1.0M
+33.3%

Summary: 80235 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.8%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes increased by 33.3%.

Median Sold Price Compared To Nearby Zip Codes

80235
+3.3%
80123
-0.1%
80127
-1.7%
80227
-6.1%

Housing Supply in 80235, CO

How many homes are available in 80235, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3837-2.6%

Summary: The 80235 real estate market had 37 homes for sale in November 2024, a 2.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 46
+50.0%
2 1613
-18.8%
3 97
-22.2%
4 46
+50.0%
5+ 55
0.0%

Summary: The 80235 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 18.8%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
108-20.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80235, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 80235 in November 2024, down by 20.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
26 Days45 Days+72.1%

Summary: Homes in 80235 had an average of 45 days on market in Nov 2024, up by 72.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80235 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in 80235; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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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MLS Disclaimers and Copyright

Based on information from REColorado for the period 12/01/2022 - 12/01/2024

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Last updated on: 12/18/2024, 12:57:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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