Denver Metro Market in a Minute - 2023 vs 2022
If youβre planning to sell your home in the Denver Metro area, itβs essential to stay up-to-date with the latest market trends. Our report covers a wide boundary of the seven county area of Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson Counties.
Knowing the most important data such as the average sales price, number of homes sold, and days on market will better prepare you to sell your home.
Our market report showcases everything you need to know about local real estate trends. Reach out to us for a more zoomed-in look at your home or neighborhood!
The Good (for sellers):
Average days on market π 10%
New listings π 17.3%
Average and median price π 1.7%
The Good (for buyers):
Median days on market π 26.7%
New purchase contracts π 14.9%
Closed sales π 18%
Sold price:list price ratio π 2.3%
53,707
New Listings
44,125
New Contracts
43,735
Closed Sales
99.38%
Sale-to- List Price Ratio
$697,961
Average Sales Price
$585,000
Median Sales Price
40
Average Days on Market
36
Median Days on Market