720-724-8187 rogelio@vidabroker.com
Denver 80212 Market Update

Vida Real Proprties Won't You be my Neighbor?

In this issue of Won’t You Be My Neighbor? Vida Real Properties looks at the real estate market conditions for Denver’s 80212 zip code, located on the Northwest side of Denver which includes the neighborhoods of Berkeley and West Highlands as well as parts of the town of Wheat Ridge and Mountain View.

In general,  homes east of Sheridan will be more expensive than those west of it while those south of 38th Avenue will increase in price as they come closer to Sloan’s Lake. Because of the high number of attached units in 80212, I offer separate stats for condos and townhomes. Let’s start with those.

Attached Inventory Sold and Active For Sale 

Condos and Townhomes Sold (June-Aug 2017)

The 43 attached homes sold in the last 90  days show the median list price was $499,900 with the selling price at $491,000. Buyers were offering just a bit less than asking price.  The average size of the homes was three bedrooms and three baths with 1,891 total square feet. These units are about the same size as single family residences around town.

Condos and Townhomes For Sale (Aug 2017)

The attached homes active for sale (23)  are at a much higher listed price: median of $649,000 and average of $692,943. These home are a bit larger. After looking at the data below for single family residences, you can assume that many of the condos sold and active for sale are newly built luxury condos.

Single Family Inventory Sold and Active For Sale

Single Family Homes Sold (June- Aug 2017)

Single Family Homes For Sale (Aug 2017)

 So as it turns out the sold SFR’s have a median price of $475,000, much less than the condos while the active for sale units are only $20k apart. 82 of those sold in the last three months.  The major difference is the median construction date SFR’s of 1930 vs the median of condos of 2011.  Since the recession left us, this area has been one of the most redeveloped in town and with that, a huge increase in home prices.

As far as demographics, crime stats and school data, you can visit Vida’s Market Insider to find out that information.

 Looking to buy or sell your home?  You can contact me  by email  or call 720-253-8513. 

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YOUTUBE

As we settle into spring 2025, Denver’s real estate market is revealing some critical shifts. Whether you’re buying your first home or preparing to sell a property you’ve outgrown, understanding the market’s current temperature—especially through the lens of months-of-supply—can help you move with clarity and confidence.

📊 What Is Months-of-Supply?

Months-of-supply tells us how many months it would take to sell all current homes on the market at today’s pace, assuming no new listings come in. It’s one of the best ways to gauge whether buyers or sellers have the upper hand:

  • 0–4 months: Seller’s market
  • 4–6 months: Balanced market
  • 6+ months: Buyer’s market

📍 What’s Happening in Denver?

Denver currently has a 3.1-month supply, nudging close to a balanced market. While still favoring sellers slightly, inventory is rising fast—up 11.2% year-over-year and a striking 70.6% above 2019 levels. New listings also rose by 18.1% over the past year, though still slightly below pre-pandemic levels.

Now here’s a key point: closed sales in April 2025 were down 3.2% from last year. Fewer completed transactions suggest that buyer activity is cooling even as more homes hit the market. This shift reflects growing caution among buyers, likely tied to higher mortgage rates and affordability pressures.

In simple terms: we’re seeing more homes for sale, fewer homes being sold, and slightly longer time on market. This is a clear signal that the market is transitioning—and that timing, strategy, and pricing are more important than ever.

🏙️ Comparing Other Cities

Miami Area – 7.8 months of supply

Buyer’s market with inventory up 37.5%, but closed sales flat. Homes are sitting.

Austin, TX – 5.4 months

Moving toward balance. Listings up 19.7%, but also seeing a slowdown in closed deals.

Phoenix, AZ – 3.6 months

Still seller-friendly, but inventory has surged 54.6%. Like Denver, the pace is slowing.

In comparison, Denver’s sharp inventory rise paired with declining closings indicates one thing: competition is heating up—especially for sellers.

🤝 Buyers: Opportunity Is Knocking

  • More Inventory = More Choice

  • Stronger Negotiation Power: Fewer bidding wars, more room to talk terms.

  • Act Smart, Not Fast: It’s not about “the deal”—it’s about the right deal.

💼 Sellers: Stay Strategic

  • Price It Right: With fewer sales happening, homes that are overpriced are sitting.

  • Presentation Wins: You’ll stand out when your home is clean, staged, and easy to show.

  • Act Now While It’s Still a Seller’s Market: We’re on the edge—waiting could cost you.

📲 Let’s Talk—No Pressure

Whether you’re dreaming of a new home or prepping to sell, let’s have a free, no-obligation conversation to map out your next move.
📞 Text/call me directly at 720-724-8187
📅 Or grab a time that works for you: Book Here

You’ll get real insight, no pressure—just a smart path forward based on your goals.

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