How's The Market in Denver?
DENVER MARKET STATS | Residential Only (ReColorado) 2021 vs 2022 (Month of July)
2021 :: 6,973
2021 :: $4.41B
2021 :: 103%
2022 :: 4,729
2022 :: $3.33B
2022 :: 97.85%
-32%
Closed Transactions
-10%
Sold Dollar Volume
Sale/List Price
2021 :: $643K
2021 :: $287
2021 :: 10
2022 :: $704K
2022 :: $317
2022 :: 14
Average Sales Price
+10%
-5%
+10%
Average Price/ Sq.Ft
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park
+40%
Average Days on Market
DENVER MARKET STATS | Residential Only (ReColorado) 2021 vs 2022 (YTD - 1/1 through 7/31)
2021 :: 40,756 2022 :: 35,347
2021 :: $25.42B -13%
Closed Transactions
2021 :: 102.6%
2022 :: $25.13B
2022 :: 102.6% -2%
Sold Dollar Volume
Sale/List Price
2021 :: $625K
2021 :: $277
2021 :: 16
2022 :: $710K
2022 :: $323
2022 :: 12
Average Sales Price
+13%
0%
+16%
Average Price/ Sq.Ft
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park
Average Days on Market
-25%
DENVER TOTAL ACTIVE INVENTORY | Residential & Land (ReColorado) As of August 1st of each year
5 - Year Comparison
18,000
16,000
14,000
12,000
10,000
8,000
6,000
2018
2019
2020 Total
Residential
2021 Land
2022
1,341
8,463
+28% 2021>2022 9,804
6,531
7,633
1,745
10,666
12,411
2,157
13,867
16,024
1,897
8,749
0
10,646
2,000
1,102
4,000
DENVER NEW LISTINGS VS PENDING SALES | Residential + Land (ReColorado)
9,000
8,000
7,000
6,000
5,000
4,000
3,000 Jul 21
Aug 21
Sep 21
Oct 21
Nov 21
Dec 21
Jan 22
New Listing
Feb 22
Pending
Mar 22
Apr 22
May 22
Jun 22
Jul 22