How'stheMarket FrontRange|June2023
FRONT RANGE MARKET STATS |
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park
Residential Only (ReColorado) 2022 vs 2023 (Month of May) Closed Transactions 2022 :: 6,398 2023 :: 4,848 -24% Sold Dollar Volume 2022 :: $4.66B 2023 :: $3.44B -26% Average Sales Price 2022 :: $728K 2023 :: $711K Average Price/ Sq.Ft Finished 2022 :: $329 2023 :: $316 -4% Average Days on Market 2022 :: 9 2023 :: 23 -2%
Sale/List Price 2022 :: 104.00% 2023 :: 100.00% -4% +156%
FRONT RANGE MARKET STATS |
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park
Residential Only (ReColorado) 2022 vs 2023 (YTD - 1/1 through 5/31) Closed Transactions 2022 :: 24,716 2023 :: 19,071 -23% Sold Dollar Volume 2022 :: $17.43B 2023 :: $13.10B -25% Average Sales Price 2022 :: $706K 2023 :: $687K Average Price/ Sq.Ft 2022 :: $323 2023 :: $306 -5% Average Days on Market 2022 :: 12 2023 :: 35 +192% -3%
Sale/List Price 2022 :: 104.00% 2023 :: 100.00% -4%
FRONT RANGE TOTAL ACTIVE INVENTORY | Residential & Land (ReColorado)
As of June 1st of each year
5 - Year Comparison
12,000 10,000 8,000 6,000 4,000 2,000 0 2019 2020 2021 2022 2023 1 1 , 8 7 9 1 0 , 0 4 9 1 , 8 3 0 1 2 , 8 7 6 1 1 , 0 6 6 1 , 8 1 0 5 , 4 0 6 4 , 4 2 5 9 8 1 7, 1 4 0 5 , 9 7 5 1 1, 6 5 7, 9 0 7 6 , 3 4 2 1 , 5 6 5 Total Residential Land +6% 2022>2023 Residential
FRONT RANGE NEW LISTINGS VS PENDING SALES | Residential + Land (ReColorado)
1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23 Feb 23 Mar 23 Apr 23 May 23 New Listing Pending