Real Estate Market Update for 80215 (Denver, CO)

Video: Real Estate Community Tour for 80215 (Denver, CO)

See Real estate community tour for 80215 (Denver, CO)
Welcome to April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 58% from one year earlier, and down 32% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 540-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up nearly 200%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 420-thousand dollars. The number of units sold increased 47% year-over-year, and decreased 12% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. 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 80215 (Denver, CO)
Area Information for 80215 (Denver, CO)
  • Population: 18,047
  • Median Age: 44.57 yr
  • Median Commute Time: 23 mins
  • Educational Climate*: 4
  • Sales Tax: 4%
  • Population Density: 3,243/sq mi
  • Population Change Since 2000: -4.25%
  • Closest Airport: Denver International
  • Closest College: Colorado Christian University
  • Closest Jr. College: Colorado School Of Trades
  • Median Household Income: $58,655
  • Annual Residential Turnover: 16%
  • Median Home Sales Price: $320,000
  • Closest Major Sports Team: Colorado Avalanche
  • Change Avg. Household Income Since 2000: 26.42%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 80215 (Denver, CO)
Median Age: 44.57 Married: 41% Number of Households: 8,089 Households with Children: 1,909
    • 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 80215 (Denver, CO)

      School Name Distance Type Grades School Rating Parent Rating
      Sobesky Academy 0.2 mi Public 1-12 0 0
      Eiber Elementary School 0.4 mi Public K-6 1 0
      Our Lady Of Fatima Catholic School 0.6 mi Catholic PRESCHOOL-8 0 0
      Slater Elementary School 0.8 mi Public PRESCHOOL-6 2 0
      Vivian Elementary School 0.8 mi Public PRESCHOOL-6 1 0
      Lakewood High School 1.1 mi Public 9-12 4 4
      Stober Elementary School 1.6 mi Public K-6 4 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 School Review data by
      Local Weather for 80215 (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.