Quarterly Market Report
COLORADO’S FRONT RANGE
Welcome
FRONT RANGE REAL ESTATE MARKET
As we move from spring into summer, the real estate market continues to show robust activity. With a surge of inventory providing opportunity, more buyers are entering the market. An outdoor enthusiast’s paradise, Colorado’s unique lifestyle, beautiful landscapes, and thriving urban scene for commerce and culture is increasingly sought-after.
While interest rates remain a focus, many areas across Colorado’s Front Range experienced upward trends in home sales and home values during the first half of the year. An influx of inventory aside, the desire for turnkey properties remains high, keeping a competitive market in place.
In this dynamic market, working with a dedicated broker who makes an investment in your future is essential to a successful experience. We understand your best life begins with a home that inspires you. Our brand is known worldwide for expertly guiding clients to find homes that fit their varied lifestyles and locales. The life we love is helping you live #thelifeyoulove.
To aid in presenting an accurate picture of each 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 representing the metrics of many key and beloved neighborhoods.
Colorado’s Front Range
Greater Denver AT A GLANCE
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.
Jan - Jun
$13,504,295,016 Total Sales Volume + 9.0% 2023 vs 2024 % Change
$8,800,000
Median Sold Price
$593,910
19,239 Properties Sold + 6.6% Change | Jan - Jun 2023 vs 2024 + 1.5% Change | Jan - Jun 2023 vs 2024
Average Days on Market
34
$334 Median Price per Square Foot + 2.5% Change | Jan - Jun 2023 vs 2024 + 3.0% Change | Jan - Jun 2023 vs 2024
Median Sold Price
$705,000
Properties Sold + 7.0% Change | Jan - Jun 2023 vs 2024 + 1.7% Change | Jan - Jun 2023 vs 2024
3,156
Average Days on Market
39
Median Price per Square Foot + 2.4% Change | Jan - Jun 2023 vs 2024 - 2.5% Change | Jan - Jun 2023 vs 2024
$297
Median Sold Price
$640,000
3,611 Properties Sold + 1.3% Change | Jan - Jun 2023 vs 2024 + 2.4% Change | Jan - Jun 2023 vs 2024
28
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 - June 2024 % Change 2023 vs 2024
Median Sold Price
- 0.6%
Sq.
- 0.9%
$1,529,442,619
$8,700,000
Boulder
Median Sold Price
$820,000
1,458 Properties Sold + 10.0% Change | Jan - Jun 2023 vs 2024 - 0.6% Change | Jan - Jun 2023 vs 2024
Average Days on Market
61
Median Price per Square Foot - 0.9% Change | Jan - Jun 2023 vs 2024 + 8.9% Change | Jan - Jun 2023 vs 2024
$432
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.
January - June 2024 % Change 2023 vs 2024
Median Sold Price
1.9%
Sold 4,073 - 0.6% Average Days on Market 39 2.6% Median Price per Sq. Ft.
2.5%
- 1.0%
$2,554,497,518
Total Sales Volume + 1.6% 2023 vs 2024 % Change
$4,529,300
Median Sold Price
$545,000
4,073 Properties Sold - 0.6% Change | Jan - Jun 2023 vs 2024 + 1.9% Change | Jan - Jun 2023 vs 2024
Average Days on Market
39
$288 Median Price per Square Foot + 2.5% Change | Jan - Jun 2023 vs 2024 + 2.6% Change | Jan - Jun 2023 vs 2024
Colorado Springs AT A GLANCE
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.
$2,979,270,581
Total Sales Volume - 7.6% 2023 vs 2024 % Change
$3,645,000
Median Sold Price
$463,407
Properties Sold - 10.0% Change | Jan - Jun 2023 vs 2024 + 3.2% Change | Jan - Jun 2023 vs 2024
5,674
Average Days on Market
45
Median Price per Square Foot + 4.4% Change | Jan - Jun 2023 vs 2024 + 9.8% Change | Jan - Jun 2023 vs 2024
$236
