HOW'S THE MARKET
Front Range | September 2023
FRONT RANGE MARKET STATS
) Closed Transactions 2022::4,902 2023::3,673 -25% Sold Dollar Volume 2022::$3.4B 2023::$2.6B 2022::$692K 2023::$705K 2022::26 2023::30 2022::$305 2023::$310 Sale/List Price 2022::100% 2023::100% -24% 0% 2% Average Sales Price 2% Average Price/ Sq.Ft 15% Average Days on Market
Residential Only (MLS) | 2022 vs 2023 (Month of September
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park
FRONT RANGE MARKET STATS
Residential
Closed Transactions 2022::45,670 2023::36,458 -20% Sold Dollar Volume 2022::$32.2B 2023::$25.5B 2022::$705K 2023::$700K 2022::15 2023::30 2022::$319 2023::$310 Sale/List Price 2022::101.1% 2023::100% -21% -1% -1% Average Sales Price -3% Average Price/ Sq.Ft 100% Average Days on Market
Only (MLS) | 2022 vs 2023 (YTD - 1/1 through 9/30)
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park
FRONT RANGE TOTAL ACTIVE INVENTORY
Residential & Land (MLS) | For September of each year
5-Year
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park
Comparison -16% 2022>2023 Residential Only
12,000 10,000 8,000 6,000 4,000 2,000 0 2019 2020 2021 2022 2023 12,408 10,490 1,918 10,351 8,813 1,538 7,643 6,528 1,115 12,171 10,628 1,543 10,667 8,885 1,782 Total Residential Land
FRONT RANGE NEW LISTINGS VS PENDING SALES
NewListing Pending
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park
Residential & Land (MLS) 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 5,500 6,000 6,500 7,000 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23 Feb 23 Mar 23 Apr 23 May 23 Jun 23 Jul 23 Aug 23 Sep 23