Denver, CO 80221 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market-value signal is the median sold price: <strong>$456,000</strong>, which anchors recent transaction activity and suggests the representative recent sale is below asking expectations given the spread versus the median listing price of $527,450; this gap may indicate pricing friction between seller expectations and closed transactions.
2. Liquidity appears slower given a median days on market of <strong>187</strong>, which corresponds to moderate sales velocity and suggests buyers have time to evaluate listings before transacting; sellers should expect longer marketing windows and consider targeted pricing or concessions to accelerate movement.
3. Market temperature is reported as <strong>neutral</strong> with a year-over-year price direction marked up, indicating modest appreciation pressure while overall balance remains; combined with a median price per square foot of <strong>389</strong>, comparables should be weighted toward recent sold prices when setting offers or list prices.
4. Rent dynamics and financing headwinds create caution for investors: median market rent is <strong>$2,450</strong> while rent year-over-year trend is down and interest rate pressure is elevated; investors should model tighter cashflow sensitivity to vacancy and higher financing costs before underwriting acquisitions.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.