Spring 2020 Condo Report for 80123

Historic Sales Price has Stabilized Over the Past Two Years

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  • This report covers condo units in zip code 80123. These are typically 2 to 4 bedroom units and may include an attached garage. Depending on the complex, many condo associations include walking paths, pools and fitness centers for amenities. Other distinguishing factors include the amount of maintenance and utilities included in the HOA fees.

  • The median sales price for condo units in 80123 has more than doubled since 2010 (from $112k to $270k) .

  • However, the sales price over the last two years has stabilized at just over $250k.

Inventory Levels Reflect Seasonality of Sales

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Inventory has increased since 2018 and given the stabilization in price, demand for condo units in 80123 remains high.

The current inventory is low due to stay at home orders, but demand remains high. In the last month, 39 units are pending or have closed while we only have 18 units in inventory. Click here to see the condos currently listed in 80123. This represents less than 2 weeks of inventory.

If you’re interested in a comparative market analysis or to discuss your particular situation, give me a call.

Penny Smith 720-412-5251

www.horsehomes.kw.com

pennysmith@kw.com

Dave Gardner's Results Team

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P Smith