FRONT RANGE | How's The Market | December 2022

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How'stheMarket FrontRange|December2022
FRONT RANGE MARKET STATS | Residential Only (ReColorado) 2021 vs 2022 (Month of December) Closed Transactions 2021 :: 5,254 2022 :: 3,061 -42% Sold Dollar Volume 2021 :: $3.37B 2022 :: $1.99B -41% Average Sales Price 2021 :: $641K 2022 :: $651K Average Price/ Sq.Ft 2021 :: $293 2022 :: $292 -0.3% Average Days on Market 2021 :: 19 2022 :: 43 +2% Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park Sale/List Price 2021 :: 100.10% 2022 :: 98.90% -1% +126%
FRONT RANGE MARKET STATS | Residential Only (ReColorado) 2021 vs 2022 (YTD - 1/1 through 12/31) Closed Transactions 2021 :: 71,312 2022 :: 55,983 -21% Sold Dollar Volume 2021 :: $44.89B 2022 :: $39.05B -13% Average Sales Price 2021 :: $629K 2022 :: $697K Average Price/ Sq.Ft 2021 :: $282 2022 :: $315 +11.7% Average Days on Market 2021 :: 16 2022 :: 18 +12.5% +10.8% Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park Sale/List Price 2021 :: 101.6% 2022 :: 100% -1.5%
RANGE TOTAL ACTIVE INVENTORY | Residential & Land
As of December 31st of each year 11,000 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 2018 2019 2020 2021 2022 8,517 6,791 1,726 10,122 8,165 1,957 6,238 4,978 1,260 3,980 3,038 942 7,087 5,757 1,330 Total Residential Land +78% 2021>2022 5 - Year
FRONT
(ReColorado)
Comparison
RANGE NEW LISTINGS VS PENDING SALES | Residential
Land
FRONT
+
(ReColorado)
Dec 21 Jan 22 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22
1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000
New Listing Pending

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