Quarterly Market Report
COLORADO’S FRONT RANGE
Welcome
FRONT RANGE REAL ESTATE MARKET
As summer transitions to autumn, Colorado’s real estate market remains active, with increased inventory and steady buyer interest. The surge in inventory during the second quarter of the year created more opportunity, balancing the market, while sale prices hold firm across the Front Range.
Lifestyle draws buyers seeking outdoor adventure and the beauty of changing seasons. As autumns leaves give way to snow-capped mountain peaks, Colorado offers endless options for skiing, snowshoeing, snowboarding, and hot springs. City adventurers can explore MICHELIN star dining, vibrant nightlife, and an arts and culture scene worthy of the red carpet.
With lower interest rates, buyer activity has picked up resulting in a notable increase in home sales. Turnkey properties remain in high
demand, but sellers are now more open to concessions, repairs, and negotiations.
At LIV Sotheby’s International Realty, we prioritize building meaningful relationships, creating memorable experiences, and inspiring others to live the life they love. In today’s evolving market, our brokers bring expert negotiation skills and market insights to guide you to a home that is uniquely yours. Because every home is one of a kind. Just like you. Just like us.
To aid in presenting an accurate picture of the areas that make up Colorado, LIV Sotheby’s International Realty is proud to present our Quarterly Market Report for Colorado’s Front Range, offering insights into the key neighborhoods that define the region.
Colorado’s Front Range
Greater Denver AT
As a city with a focus on the outdoors and 300 days of sunshine, it’s no wonder people choose to call Denver and the surrounding communities home. Denver Metro boasts some of the best entertainment options, business opportunities, and outdoor access in the country. For those reasons and many more, this city and its neighboring areas will continue to be a popular choice for home buyers and sellers. As the year progresses, this high-demand market will continue to create opportunities for both buyers and sellers to create the life they love.
$20,830,075,093 Total Sales Volume + 10.5% 2023 vs 2024 % Change
$15,750,000
Median Sold Price
$590,000
0.0% Change | Jan - Sept 2023 vs 2024
Average Days on Market
35
29,852
Properties Sold + 9.6% Change | Jan - Sept 2023 vs 2024
$307 Median Price per Square Foot + 1.3% Change | Jan - Sept 2023 vs 2024 + 16.7% Change | Jan - Sept 2023 vs 2024
Median Sold Price
$705,000
Properties Sold + 7.1% Change | Jan - Sept 2023 vs 2024 + 0.7% Change | Jan - Sept 2023 vs 2024
4,783
Average Days on Market
40
Median Price per Square Foot + 2.1% Change | Jan - Sept 2023 vs 2024 + 8.1% Change | Jan - Sept 2023 vs 2024
$289
Median Sold Price
$636,600
5,904 Properties Sold + 8.9% Change | Jan - Sept 2023 vs 2024 + 1.0% Change | Jan - Sept 2023 vs 2024
Average Days on Market
28
$332 Median Price per Square Foot + 2.5% Change | Jan - Sept 2023 vs 2024 + 7.7% Change | Jan - Sept 2023 vs 2024
Boulder AT A GLANCE
Boulder County is filled with communities that offer a variety of lifestyles and opportunities for home buyers to create their desired environment. As a national leader in sustainability efforts and bountiful recreation options, Boulder County attracts those looking for a combination of exciting city luxuries and proximity to nature that few other areas offer. Over the past few years, Boulder County and the unique communities within it have seen strong real estate activity because of the unique lifestyle the area provides.
January - September 2024 % Change 2023 vs 2024
$2,258,008,078 Total Sales Volume - 6.5% 2023 vs 2024 % Change
$8,700,000
Median Sold Price
$806,000
2,157 Properties Sold - 7.4% Change | Jan - Sept 2023 vs 2024 + 0.9% Change | Jan - Sept 2023 vs 2024
Average Days on Market
62
$372 Median Price per Square Foot - 0.7% Change | Jan - Sept 2023 vs 2024 + 12.7% Change | Jan - Sept 2023 vs 2024
Northern Colorado AT A GLANCE
Northern Colorado is home to cities such as Fort Collins, Loveland, Greeley, Berthoud, Windsor, Johnston, and Timnath, all which provide the unique Colorado lifestyle while continuing to attract young professionals, families, and outdoor adventure seekers alike. At the base of the Rocky Mountains, there are multiple year-round recreational opportunities including kayaking, rafting, camping, snowshoeing, ice hockey, and cross-country skiing. Downtown Fort Collins offers a wholesome community feel and hints at a bygone era. Craft breweries, historical buildings, live music, and festivals keep the area bustling. For those looking to live a quintessential Colorado lifestyle, nothing beats Northern Colorado.
1.3%
$3,932,657,973
Total Sales Volume + 2.8% 2023 vs 2024 % Change
$6,400,000
Median Sold Price
$544,900
Properties Sold + 0.7% Change | Jan - Sept 2023 vs 2024 + 1.3% Change | Jan - Sept 2023 vs 2024
6,265
Average Days on Market
38
$273 Median Price per Square Foot + 1.6% Change | Jan - Sept 2023 vs 2024 + 5.6% Change | Jan - Sept 2023 vs 2024
GLANCE
Colorado Springs AT A
Colorado Springs, the state’s second largest city, is currently one of the most sought-after areas to live in the country. This colorful Colorado community provides its residents exciting entertainment options, unique cultural amenities, and enough outdoor activities to keep any adventurer satisfied. Thanks to the amazing array of lifestyles this city caters to, more consumers are deciding to make this community their home.
$3,514,156,494
Total Sales Volume - 3.9% 2023 vs 2024 % Change
$500K
$480K
$460K
$440K
$420K
- September
$400M
$300M
$200M
$3,500,000
Median Sold Price
$452,400
6,813 Properties Sold - 6.4% Change | Jan - Sept 2023 vs 2024 + 2.8% Change | Jan - Sept 2023 vs 2024
Average Days on Market
38
$227 Median Price per Square Foot + 5.7% Change | Jan - Sept 2023 vs 2024 + 18.8% Change | Jan - Sept 2023 vs 2024