Quarterly Market Report
COLORADO’S FRONT RANGE
Welcome
The final quarter of 2024 showcased a resilient real estate market along Colorado’s Front Range, with slight increases in home prices across all regions. Leading the way was Colorado Springs, which experienced the highest growth. Following an influx of inventory in Q2 and lower interest rates in Q3, the year closed on a positive note with steady buyer activity.
Colorado offers an unmatched blend of natural beauty and vibrant city life. Outdoor enthusiasts thrive with access to world-class winter sports, from skiing and snowboarding to snowshoeing and snowmobiling, while cultural hubs along the Front Range captivate residents with renowned dining, nightlife, and arts and music scenes. Whether it’s Denver’s energy, Boulder’s charm, or Fort Collin’s allure, the region offers something for everyone.
The Denver Metro area saw a 14.1% increase in properties sold year-over-year, while the West
Metro Foothills rose by 13.3%. Extended days on the market in Q4 provided buyers with more time to make decisions, though many remained on the sidelines due to shifting political, economic, and global conditions.
At LIV Sotheby’s International Realty, we specialize in helping you find your one of one—a home with character as unique as yours, perfectly suited to your lifestyle. With expert negotiation skills, market insights, and unparalleled connections, our brokers can guide you confidently through the ever-evolving real estate landscape. Whether you seek the one for beauty, the one for self-expression, or the one for adventure, we are the ones with local expertise.
Discover the latest data and insights from the key neighborhoods that define Colorado’s Front Range in our Quarterly Market Report.
Front Range Real Estate Market
Colorado’s Front Range
73,147 Properties
Sales Volume 43 Average Days on Market
Denver Metro
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.
$27,233,907,903
2023 vs 2024 % Change
Total Sales Volume + 15.1%
$15,750,000
Total Sales Volume
Median Sold Price
$587,000
Properties Sold + 14.1% Change | 2023 vs 2024 + 0.3% Change | 2023 vs 2024
39,168
Average Days on Market
38
Median Price per Finished Sq. Ft. + 1.4% Change | 2023 vs 2024 + 18.8% Change | 2023 vs 2024
$306
South Metro
South Metro is a vibrant mix of residential neighborhoods, bustling streets lined with coffee shops, restaurants, and neighborhood bars, and includes the conveniences of the suburbs with the privacy provided by open spaces. Enjoy playing golf in Castle Pines, shopping in Castle Rock, and meeting friends for dinner in Highlands Ranch.
Further south, visitors can take in the spectacular vistas and adventure off the beaten path in the Pike National Forest. In one of the state’s fastestgrowing areas, quaint qualities from small towns, farming, and history combine to create a tranquil community just miles from Denver.
$5,139,117,875 Total Sales Volume + 13.6%
2023 vs 2024 % Change
$6,800,000
Median Sold Price
$708,500
Properties Sold + 11.9% Change | 2023 vs 2024 + 1.2% Change | 2023 vs 2024
6,246
Average Days on Market
44
Median Price per Finished Sq. Ft. + 2.6% Change | 2023 vs 2024 + 15.8% Change | 2023 vs 2024
$289
At a Glance
West Metro & Foothills
West Metro offers a unique blend of urban living and outdoor adventures. The region provides easy access to Denver’s bustling downtown while placing the rugged foothills of the Rocky Mountains within easy reach. Whether hiking Red Rocks Amphitheater, cycling Golden’s scenic trails, climbing rock faces, or enjoying Evergreen Lake, outdoor activities abound—all within a community that retains a relaxed suburban charm.
For those who relish city life, the area is close to MICHELIN-starred dining, entertainment, and top-tier concerts and sporting events. Popular with winter sports enthusiasts, summer hikers, and trail explorers alike, West Metro is an ideal location for anyone seeking an active and adventurous lifestyle.
$5,633,320,159 Total Sales Volume + 15.3%
2023 vs 2024 % Change
$7,050,000
Median Sold Price
$635,000
7,794 Properties Sold + 13.3% Change | 2023 vs 2024 + 1.6% Change | 2023 vs 2024
Average Days on Market
32
$331 Median Price per Finished Sq. Ft. + 2.4% Change | 2023 vs 2024 + 18.5% Change | 2023 vs 2024
At a Glance
Boulder
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 - December 2024 % Change 2023 vs 2024
$2,908,671,872
2023 vs 2024 % Change
Total Sales Volume - 5.8%
$10,000,000
Total Sales Volume
- December 2024
Median Sold Price
$805,000
2,767 Properties Sold - 7.8% Change | 2023 vs 2024 + 1.9% Change | 2023 vs 2024
Average Days on Market
65
$373 Median Price per Finished Sq. Ft. - 0.7% Change | 2023 vs 2024 + 12.1% Change | 2023 vs 2024
At a Glance
Northern Colorado
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.
$5,163,913,439
2023 vs 2024 % Change
Total Sales Volume + 8.6%
$6,400,000
Total Sales Volume
Median Sold Price
$545,000
Properties Sold + 6.2% Change | 2023 vs 2024 + 1.9% Change | 2023 vs 2024
8,227
Average Days on Market
41
Median Price per Finished Sq. Ft. + 1.7% Change | 2023 vs 2024 + 10.8% Change | 2023 vs 2024
$272
At a Glance
Colorado Springs
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.
- December
$4,621,801,502
2023 vs 2024 % Change
Total Sales Volume + 1.8%
$5,300,000
Total Sales Volume
Colorado Springs
Median Sold Price
$450,000
Properties Sold - 1.3% Change | 2023 vs 2024 + 2.3% Change | 2023 vs 2024
8,945
Average Days on Market
40
Median Price per Finished Sq. Ft. + 5.7% Change | 2023 vs 2024 + 21.2% Change | 2023 vs 2024
$228
