How'stheMarket FrontRange|July2023
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 July) Closed Transactions 2022 :: 4,960 2023 :: 4,100 -17% Sold Dollar Volume 2022 :: $3.48B 2023 :: $2.93B -16% Average Sales Price 2022 :: $702K 2023 :: $713K Average Price/ Sq.Ft Finished 2022 :: $317 2023 :: $317 0% Average Days on Market 2022 :: 14 2023 :: 24 +1.7%
Sale/List Price 2022 :: 100.00% 2023 :: 100.00% 0% +71%
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 7/31) Closed Transactions 2022 :: 35,725 2023 :: 28,120 -21% Sold Dollar Volume 2022 :: $25.38B 2023 :: $19.66B -23% Average Sales Price 2022 :: $711K 2023 :: $699K Average Price/ Sq.Ft 2022 :: $322 2023 :: $310 -4% Average Days on Market 2022 :: 12 2023 :: 31 +158% -2%
Sale/List Price 2022 :: 102.60% 2023 :: 100.00% -3%
FRONT RANGE TOTAL ACTIVE INVENTORY | Residential & Land (ReColorado)
As of August 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 2 , 5 0 1 1 0 , 5 5 5 1 , 9 4 6 1 2 , 2 3 8 1 0 , 4 9 8 1 , 7 4 0 7, 6 5 9 6 , 5 5 0 1 1, 0 9 1 1 , 5 4 4 1 0 1, 0 6 1 , 4 3 8 9 , 2 4 3 7, 5 0 5 1 , 7 3 8 Total Residential Land -26% 2022>2023 Residential
FRONT RANGE NEW LISTINGS VS PENDING SALES | Residential + Land (ReColorado)
2,000 3,000 4,000 5,000 6,000 7,000 8,000 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23 Feb 23 Mar 23 Apr 23 May 23 Jun 23 Jul 23 New Listing Pending