FRONT RANGE | How's The Market | January 2023

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How'stheMarket FrontRange|January2023

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 January) Closed Transactions 2022 :: 3,384 2023 :: 2,265 -33% Sold Dollar Volume 2022 :: $2.10B 2023 :: $1.44B -31% Average Sales Price 2022 :: $622K 2023 :: $638K Average Price/ Sq.Ft 2022 :: $300 2023 :: $292 -3% Average Days on Market 2021 :: 21 2022 :: 47 +3%
Sale/List Price 2022 :: 100.60% 2023 :: 98.80% -2% +124%

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 1/31) Closed Transactions 2022 :: 3,384 2023 :: 2,265 -33% Sold Dollar Volume 2022 :: $2.10B 2023 :: $1.44B -31% Average Sales Price 2022 :: $622K 2023 :: $638K Average Price/ Sq.Ft 2022 :: $300 2023 :: $292 -3% Average Days on Market 2022 :: 21 2023 :: 47 +124% +3%
Sale/List Price 2022 :: 100.60% 2023 :: 98.80% -2%

FRONT RANGE TOTAL ACTIVE INVENTORY | Residential & Land (ReColorado)

As of January 31st of each year

5 - Year Comparison

10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 2019 2020 2021 2022 2023 8,546 6,861 1,685 9,779 7,947 1,832 5,601 4,473 1,128 3,674 2,759 915 6,091 4,830 1,257 Total Residential Land +78% 2021>2022

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 Jan 22 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23 New Listing Pending

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