HOW'S THE MARKET Front Range | May 2024
FRONT RANGE MARKET STATS
Residential Only (MLS) | 2023 vs 2024 (Month of May) Closed Transactions
2024::4,863 1.0% Sold
2024::$735K 2023::23 2024::27 2023::$315 2024::$318 Sale/List Price 2023::100% 2024::100% 2.4% 0% 3.4% Average Sales Price 1.0% Average Price/ Sq.Ft 17.4% Average Days on Market
2023::4,911
Dollar Volume 2023::$3.49B 2024::$3.57B 2023::$711K
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 5/31) Closed Transactions
2023::19,184 2024::19,162 0.1% Sold Dollar Volume 2023::$13.18B 2024::$13.76B 2023::$687K 2024::$718K 2023::35 2024::37 2023::$306 2024::$314 Sale/List Price 2023::100% 2024::100% 4.4% 0% 4.5% Average Sales Price 2.6% Average Price/ Sq.Ft 5.7% Average Days on Market
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park
FRONT RANGE TOTAL ACTIVE INVENTORY
& Land (MLS) | For May of each year
Residential
12,000 10,000 8,000 6,000 4,000 2,000 0 2020 2021 2022 2023 2024 10,005 8,411 1,594 5,239 4,261 978 7,179 6,006 1,173 9,348 7,686 1,662 12,395 10,702 1,693 Total Residential Land 5-
39% 2023>2024 Residential Only
Year Comparison
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park
FRONT RANGE NEW LISTINGS VS PENDING SALES
Residential & Land (MLS)
NewListing Pending
2,000 3,000 4,000 5,000 6,000 7,000 8,000 May 23 Jun 23 Jul 23 Aug 23 Sep 23 Oct 23 Nov 23 Dec 23 Jan 24 Feb 24 Mar 24 Apr 24 May 24
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park