MARKET UPDATE South Metro

Denver’s South Metro region offers a wide selection of communities that can cater to almost every lifestyle. From spacious ranch properties to exquisitely planned communities and modern condominium living, there’s something here for everyone. Featuring an abundance of parks, trails, and other recreation options in addition to a bustling business hub and endless entertainment choices, it’s no wonder why the South Metro community has remained a favorite for those looking to write their next chapter in a Colorado home.

2022 is now over and what a year it was. In the last half of 2022, the real estate market showed strong signs of normalizing after the 2021 COVID-driven boom. The first half of the year saw incredibly high buyer demand, and it felt similar to the 2021 market. The market started to shift when mortgage interest rates started to rise. This was intended to tamp down buyer demand, but because of limited inventory in Douglas County—which saw a 7.3% decrease in new listings in 2022 as compared to 2021—they still managed to have historically high appreciation averaging 12.5% for the average price of detached homes.

We recognize each locality is unique and no two regions respond to market shifts the same way. To present an accurate picture of each of the areas that make up Denver’s South Metro region, LIV Sotheby’s International Realty is proud to present our year-end Micro Market Report, representing the metrics of many key and beloved neighborhoods.

Conveniently located near all the very best activities and amenities that the Front Range has to offer, the South Metro community is a haven for homebuyers and sellers hoping to reach their lifestyle goals in Colorado.

Douglas County