DIGGING DEEPER:  Year-to-Date Zip Code Report

April 17, 2020

Key Points:

 

73.3 percent of the 90 metro area zip codes experienced median price growth. That compares to 70 percent when looking at 2018 compared to 2019. 

Thus far in 2020, the hottest zip code is 80465  (Homestead, Willowbrook, Morrison), which had a year-over-year median price increase of 36.8 percent. This zip code saw nine closings of $1 million or greater compared to only three last year. The Northern Golden zip code (80403, Tablerock, Mesa Meadows, Coal Creek Canyon) also saw a significant year-over-year median price increase of 31.4 percent. This was due to nine closings of $1 million or greater compared to only one last year.

The coldest zip code continues to be 80230 (Lowery), which experienced a year-over-year median price decrease of 21 percent. 

64.4 percent of metro zip codes have closed more transactions in 2020 than in 2019. 

51.1 percent of metro zip codes have had a decrease in days in MLS from 2020 compared to 2019. 

16 of the 90 zip codes have experienced double-digit median price changes from 2019 to 2020. This compares to 12 of 90 when we looked at 2018 vs. 2019.

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