Is 80128, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 80128 has remained a Seller's Market.
Housing Prices in 80128, CO
How much do homes in 80128, CO cost?
Median Sold Price
$600,000
$317/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 80128 was $600,000 in May 2024, up 2.6% from last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | $324K | +27.1% |
2 Bedrooms | $382.5K | $423.5K | +10.7% |
3 Bedrooms | $563K | $557K | -1.1% |
4 Bedrooms | $662.5K | $685K | +3.4% |
5+ Bedrooms | $775K | $939K | +21.2% |
Summary: 80128 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.1%, 2 bedroom homes increased by 10.7%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 21.2%.
Housing Supply in 80128, CO
How many homes are available in 80128, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
134 | 163 | +21.6% |
Summary: The 80128 real estate market had 163 homes for sale in May 2024, a 21.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 7 | +75.0% |
2 Bedrooms | 39 | 43 | +10.3% |
3 Bedrooms | 35 | 42 | +20.0% |
4 Bedrooms | 39 | 49 | +25.6% |
5+ Bedrooms | 17 | 22 | +29.4% |
Summary: The 80128 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 25.6%, and 5+ bedroom homes increased by 29.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
42 | 49 | +16.7% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in 80128 in May 2024, up by 16.7% month-over-month. Of the 49 sold homes, 45% were sold under asking, 16% were sold at asking, and 39% were sold over asking.
Days on Market for 80128, CO
How long does it take to sell a home in 80128, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
8 Days | 11 Days | +43.8% |
Summary: Homes in 80128 had an average of 11 days on market in May 2024, up by 43.8% compared to last year.
Breakdown of Home Sale Times
45 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 49 homes were sold in 80128; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.