Is 80017, 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, 80017 has remained a Seller's Market.
Housing Prices in 80017, CO
How much do homes in 80017, CO cost?
Median Sold Price
$420,000
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 80017 was $420,000 in May 2024, down 3.4% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $212K | $224.2K | +5.8% |
2 Bedrooms | $333.8K | $325K | -2.6% |
3 Bedrooms | $451.5K | $438K | -3.0% |
4 Bedrooms | $500K | $485K | -3.0% |
5+ Bedrooms | $530K | $535K | +0.9% |
Summary: 80017 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.8%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 0.9%.
Housing Supply in 80017, CO
How many homes are available in 80017, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
161 | 201 | +24.8% |
Summary: The 80017 real estate market had 201 homes for sale in May 2024, a 24.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 18 | 16 | -11.1% |
2 Bedrooms | 48 | 59 | +22.9% |
3 Bedrooms | 46 | 66 | +43.5% |
4 Bedrooms | 38 | 50 | +31.6% |
5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The 80017 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 43.5%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
34 | 47 | +38.2% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in 80017 in May 2024, up by 38.2% month-over-month. Of the 47 sold homes, 23% were sold under asking, 43% were sold at asking, and 34% were sold over asking.
Days on Market for 80017, CO
How long does it take to sell a home in 80017, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 20 Days | +98.8% |
Summary: Homes in 80017 had an average of 20 days on market in May 2024, up by 98.8% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 47 homes were sold in 80017; 79% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.