HOW'S THE MARKET Front Range | October 2023
FRONT RANGE MARKET STATS Residential Only (MLS) | 2022 vs 2023 (Month of October)
-11%
-8%
1%
Closed Transactions
Sold Dollar Volume
2022 :: 3,920
2022 :: $2.6B
2023 :: 3,473
2022 :: 99.3%
2023 :: $2.4B
2023 :: 100%
2%
14%
4%
Sale/List Price
Average Sales Price
Average Price/ Sq.Ft
Average Days on Market
2022 :: $674K
2022 :: $303
2022 :: 29
2023 :: $702K
2023 :: $309
2023 :: 33
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park
FRONT RANGE MARKET STATS Residential Only (MLS) | 2022 vs 2023 (YTD - 1/1 through 10/31)
-19%
Closed Transactions
-20%
-1%
Sold Dollar Volume
Sale/List Price
2022 :: 49,590
2022 :: $34.8B
2022 :: 100.7%
2023 :: $28B
2023 :: 100%
-3%
94%
2023 :: 40,027
-1%
Average Sales Price
Average Price/ Sq.Ft
Average Days on Market
2022 :: $703K
2022 :: $318
2022 :: 16
2023 :: $700K
2023 :: $310
2023 :: 31
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park
FRONT RANGE TOTAL ACTIVE INVENTORY Residential & Land (MLS) | For October of each year 5-Year Comparison 12,000 11,000 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0
11,607 9,668 2019
1,939
9,701
8,168
1,533
6,750
2020
5,678
1,072
2021 Total
Residential
11,603 10,060 1,543 2022
Land
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park
10,534 8,814
1,720
2023
-12% 2022>2023 Residential Only
FRONT RANGE NEW LISTINGS VS PENDING SALES Residential & Land (MLS) 7,000 6,500 6,000 5,500 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 Oct 22
Nov 22
Dec 22
Jan 23
Feb 23
Mar 23
Apr 23
May 23
New Listing
Pending
Jun 23
Jul 23
Aug 23
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park
Sep 23
Oct 23