Is 80237, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80237 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 80237 has remained a Seller's Market.

Key Takeaway

80237 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80237, CO

How much do homes in 80237, CO cost?

Median Sold Price

$583,326

$276/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$2,673(-0.5%)

Key Takeaway

The sold price of homes in 80237 has remained the same since last year.

Summary: The median home sold price in 80237 was $583,326 in December 2024, down 0.5% from last year, and the median price per square foot was $276.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $237.5K$219K
-7.8%
2 $339.5K$315K
-7.2%
3 $560K$406K
-27.5%
4 $733.4K$785K
+7.0%
5+ $850K$990K
+16.5%

Summary: 80237 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.8%, 2 bedroom homes decreased by 7.2%, 3 bedroom homes decreased by 27.5%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 16.5%.

Median Sold Price Compared To Nearby Zip Codes

80222
0.0%
80237
-0.5%
80231
-4.8%
80224
-4.8%
80111
-13.3%

Housing Supply in 80237, CO

How many homes are available in 80237, CO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
11196-13.5%

Summary: The 80237 real estate market had 96 homes for sale in December 2024, a 13.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 108
-20.0%
2 3639
+8.3%
3 2114
-33.3%
4 3022
-26.7%
5+ 1413
-7.1%

Summary: The 80237 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes decreased by 7.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2122+4.8%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80237, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 80237 in December 2024, up by 4.8% month-over-month. Of the 22 sold homes, 59% were sold under asking, 23% were sold at asking, and 18% were sold over asking.

Days on Market for 80237, CO

How long does it take to sell a home in 80237, CO?

Average Sale Time

Dec 2023Dec 2024CHANGE
37 Days58 Days+57.0%

Summary: Homes in 80237 had an average of 58 days on market in Dec 2024, up by 57% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80237 has remained consistent over time.

Summary: During December 2024, 22 homes were sold in 80237; 32% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 27% 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 6 Days Ago

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