FRONT RANGE | How's The Market | March 2024

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HOW'S THE MARKET

Front Range | March 2024

FRONT RANGE MARKET STATS

Residential Only (MLS) | 2023 vs 2024 (Month of March)

Closed Transactions 2023::4,432 2024::3,959 10.7% Sold Dollar Volume 2023::$3.04B 2024::$2.83B 2023::$685K 2024::$713K 2023::37 2024::41
Sale/List Price 2023::99.4% 2024::99.6% 7% .2% 4.2% Average Sales Price 3.3% Average Price/ Sq.Ft 10.8% Average Days on Market
2023::$305 2024::$315
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park

FRONT RANGE MARKET STATS

Residential Only (MLS) | 2023 vs 2024 (YTD - 1/1 through 3/31)

Closed Transactions 2023::9,963 2024::9,805 1.6% Sold Dollar Volume 2023::$6.69B 2024::$6.84B 2023::$671K 2024::$697K 2023::43 2024::45
2024::$311 Sale/List Price 2023::98% 2024::98.6% 2.3% .6% 3.9% Average Sales Price 3.7% Average Price/ Sq.Ft 4.7% Average Days on Market
2023::$300
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park

FRONT RANGE TOTAL ACTIVE INVENTORY

Residential & Land (MLS) | For March of each year 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 2020 2021 2022 2023 2024 8,929 7,262 1,667 4,835 3,800 1,035 4,704 3,777 927 8,065 6,640 1,425 8,304 6,794 1,510 Total Residential Land 5-Year Comparison 2.3% 2023>2024 Residential Only Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park

FRONT RANGE NEW LISTINGS VS PENDING SALES

1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 5,500 6,000 6,500 7,000 Mar 23 Apr 23 May 23 Jun 23 Jul 23 Aug 23 Sep 23 Oct 23 Nov 23 Dec 23 Jan 24 Feb 24 Mar 24
Residential & Land (MLS)
NewListing Pending Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park

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