Q1 2024 Market Report - Front Range

Quarterly Market Report

COLORADO’S FRONT RANGE

Welcome

FRONT RANGE REAL ESTATE MARKET

As winter warms into spring and we prepare for a traditionally busy selling season, the real estate market is beginning to heat up. Supported by a strong economy, Colorado leads the way with its beautiful landscapes, outdoor lifestyle, and thriving urban scene for commerce and culture.

Throughout Colorado’s Front Range, most areas saw an increase in home values during the first quarter of the year. While fluctuating interest rates remain top of mind, we anticipate a busy spring market and see buyer engagement on the rise. The overall number of properties sold in the Front Range is lower relative to last year due to constrained inventory, but the price per square foot in most areas continued to increase.

Innovation, technology, and data are key to your home search; an experienced broker will pair these tools effectively with expert negotiating skills and focus on your best interests. Working with a dedicated broker who makes an investment in your future is paramount to a successful experience. 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.

Greater Denver

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 this year progresses, this high-demand market will continue to create opportunities for both buyers and sellers to create the life they love.

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.

$620,263,466

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.

$4,529,300

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.