Real Estate Market Update for 80220 (Denver, CO)

Video: Real Estate Community Tour for 80220 (Denver, CO)

See Real estate community tour for 80220 (Denver, CO)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 24% from one year earlier, and down 2% 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 740-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 29%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 500-thousand dollars. The number of units sold increased 3% year-over-year, and decreased 5% 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 80220 (Denver, CO)
Area Information for 80220 (Denver, CO)
  • Population: 37,040
  • Median Age: 38.55 yr
  • Median Commute Time: 22 mins
  • Educational Climate*: 4
  • Sales Tax: 2%
  • Population Density: 7,066/sq mi
  • Population Change Since 2000: 9.93%
  • Closest Airport: Denver International
  • Closest College: Johnson And Wales University
  • Closest Jr. College: Comm College-denver At Lowry-hlth Scnces
  • Median Household Income: $64,033
  • Annual Residential Turnover: 21%
  • Median Home Sales Price: $355,000
  • Closest Major Sports Team: Colorado Rapids
  • Change Avg. Household Income Since 2000: 52.43%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 80220 (Denver, CO)
Median Age: 38.55 Married: 35% Number of Households: 16,924 Households with Children: 4,228
    • 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 80220 (Denver, CO)

      School Name Distance Type Grades School Rating Parent Rating
      Palmer Elementary School 0.1 mi Public PRESCHOOL-5 3 0
      Christ The King Roman Catholic School 0.3 mi Catholic PRESCHOOL-8 0 0
      Montclair Elementary School 0.8 mi Public PRESCHOOL-5 1 0
      Montessori Children's House Of Denver 0.8 mi Private K-8 0 0
      St James Catholic School 0.8 mi Catholic PRESCHOOL-8 0 0
      Hill Campus Of Arts And Sciences 0.9 mi Public 6-8 3 0
      Park Hill School 0.9 mi Public PRESCHOOL-5 4 0
      Bansbach Academy At Denver Childrens Home 0.9 mi Private 5-12 0 0
      Denver Language School 1.0 mi Public K-7 3 3
      Blessed Sacrament Catholic School 1.0 mi Catholic PRESCHOOL-8 0 0
      Steck Elementary School 1.0 mi Public PRESCHOOL-5 5 0
      Carson Elementary School 1.1 mi Public PRESCHOOL-5 5 0
      Montview Community Preschool & Kindergarten 1.1 mi Private PRESCHOOL-K 0 0
      Temple Emanuel Preschool And Kindergarte 1.1 mi Private PRESCHOOL-K 0 0
      Graland Country Day School 1.3 mi Private PRESCHOOL-8 0 0
      Denver School Of The Arts 1.4 mi Public 6-12 5 4
      Ashley Elementary School 1.6 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 © 2016. School Performance data by School Review data by
      Local Weather for 80220 (Denver, CO)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.