Real Estate Market Update for 80205 (Denver, CO)
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was down 14% from one year earlier, and up 21% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 500-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 19%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 410-thousand dollars. The number of units sold increased 2% year-over-year, and increased 9% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for 80205 (Denver, CO)
Area Information for 80205 (Denver, CO)
  • Population: 32,177
  • Median Age: 33.94 yr
  • Median Commute Time: 24 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 7,018/sq mi
  • Population Change Since 2000: 10.28%
  • Closest Airport: Denver International
  • Closest College: Colorado School-traditional Chinese Med
  • Closest Jr. College: Community College Of Denver
  • Median Household Income: $51,246
  • Annual Residential Turnover: 24%
  • Median Home Sales Price: $295,000
  • Closest Major Sports Team: Colorado Rockies
  • Change Avg. Household Income Since 2000: 69.17%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 80205 (Denver, CO)
Median Age: 33.94 Married: 25% Number of Households: 13,928 Households with Children: 2,867
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 80205 (Denver, CO)

      School Name Distance Type Grades School Rating Parent Rating
      Denver School Of Science And Technology: Cole Middle School 0.3 mi Public 6-9 3 0
      Cole Arts And Science Academy 0.3 mi Public PRESCHOOL-5 0 0
      Manual High School 0.3 mi Public 9-12 0 3
      Annunciation 0.5 mi Catholic K-8 0 0
      Wyatt-edison Charter Elementary School 0.5 mi Public K-8 0 0
      Gilpin Elementary School 0.5 mi Public PRESCHOOL-6 0 0
      Columbine Elementary School 0.6 mi Public PRESCHOOL-5 1 0
      Inner-city School 0.6 mi Private PRESCHOOL-6 0 0
      Hope Center Inc 0.6 mi Private PRESCHOOL-K 0 0
      Whittier K-8 School 0.6 mi Public PRESCHOOL-8 2 0
      Harrington Elementary School 0.7 mi Public PRESCHOOL-5 1 0
      St. Elizabeth's School 0.7 mi Private K-6 0 0
      Montessori Academy Of Colorado 1.0 mi Private PRESCHOOL-5 0 0
      Pioneer Charter School 1.1 mi Public PRESCHOOL-8 1 0
      Polaris At Ebert Elementary School 1.1 mi Public K-5 5 0
      University Prep 1.1 mi Public K-4 3 0
      Garfield Montessori School 1.2 mi Private PRESCHOOL-K 0 0
      Bruce Randolph School 1.2 mi Public 6-12 1 4
      Excel Institute 1.2 mi Private K-8 0 0
      Barrett Elementary School 1.2 mi Public PRESCHOOL-5 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 80205 (Denver, CO)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.