DEN | How's The Market | June 2022

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How's The Market in Denver?


DENVER MARKET STATS | Residential Only (ReColorado) 2021 vs 2022 (Month of June)

2021 :: 7,418

2021 :: $4.86B

2021 :: 104.5%

2022 :: 5,903

2022 :: $4.39B

2022 :: 101.5%

-20%

Closed Transactions

-10%

Sold Dollar Volume

Sale/List Price

2021 :: $660K

2021 :: $288

2021 :: 11

2022 :: $737K

2022 :: $328

2022 :: 11

Average Sales Price

+12%

+14%

Average Price/ Sq.Ft

Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park

Average Days on Market

-3%


DENVER MARKET STATS | Residential Only (ReColorado) 2021 vs 2022 (YTD - 1/1 through 6/30)

2021 :: 33,759

2021 :: $21B

2021 :: 102.5%

2022 :: 30,467

2022 :: $21.6B

2022 :: 103.4%

-10%

Closed Transactions

+3%

Sold Dollar Volume

Sale/List Price

2021 :: $622K

2021 :: $275

2021 :: 17

2022 :: $711K

2022 :: $324

2022 :: 12

Average Sales Price

+14%

+1%

+18%

Average Price/ Sq.Ft

Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park

Average Days on Market

-29%


DENVER TOTAL ACTIVE INVENTORY | Residential & Land (ReColorado) As of July 5th of each year

5 - Year Comparison

16,000

14,000

12,000

10,000

8,000

6,000

4,000

+26% 2021>2022

2,000

0

10,314 8,463 1,851 2018

15,837 13,749 2,088 2019

12,376 10,613 1,763 2020 Total

Residential

Land

6,585 5,525 1,060 2021

8,313 7,074 1,239 2022


DENVER NEW LISTINGS VS PENDING SALES | Residential + Land (ReColorado)

9,000

8,000

7,000

6,000

5,000

4,000

3,000 Jun 21

July 21

Aug 21

Sep 21

Oct 21

Nov 21

Dec 21

New Listing

Jan 22

Pending

Feb 22

Mar 22

Apr 22

May 22

Jun 22


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