DEN | How's The Market | February 2022

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How's The Market in Denver?


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

2021 :: 4,414 2022 :: 3,488

2021 :: $2.4B -21%

Closed Transactions

2022 :: $2.3B

-4%

Sold Dollar Volume

2021 :: $564K

2021 :: $263

2022 :: $666K +18%

2022 :: $318

Average Sales Price

2021 :: 100.9% 2022 :: 103.7%

+3%

Sale/List Price

2021 :: 26 +21%

Average Price/ Sq.Ft

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

2022 :: 15

Average Days on Market

-42%


DENVER MARKET STATS | Residential Only (ReColorado) 2021 vs 2022 (YTD - 1/1 through 2/28)

2021 :: 7,978 2022 :: 6,799

2021 :: $4.5B -14%

Closed Transactions

2022 :: $4.3B

-4%

Sold Dollar Volume

2021 :: $564K

2021 :: $294

2022 :: $644K +14%

2022 :: $342

Average Sales Price

2021 :: 87% 2022 :: 102%

+17%

Sale/List Price

2021 :: 27 +16%

Average Price/ Sq.Ft

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

2022 :: 18

Average Days on Market

-33%


DENVER TOTAL ACTIVE INVENTORY | Residential & Land (ReColorado) As of March 1st 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

-49% 2021>2022

1,000 0

6,768 5,019 1,749 2018

11,206 9,344 1,862 2019

10,027 8,226 1,801 2020 Total

Residential

Land

5,182

4,115 1,067 2021

2,622 1,860 2022

762


DENVER NEW LISTINGS VS PENDING SALES | Residential (ReColorado)

4,700 4,600 4,500 4,400 4,300 4,200 4,100 4,000 3,900 3,800 Jan 22

Feb 22

Mar 22

Apr 22

May 22

Jun 22 New Listing

Jul 22 Pending

Aug 22

Sep 22

Oct 22

Nov 22

Dec 22


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