HOW'S THE MARKET
Front Range | November 2023
FRONT RANGE MARKET STATS Residential Only (MLS) | 2022 vs 2023 (Month of November)
-10%
-8%
0%
Closed Transactions
Sold Dollar Volume
2022 :: 3,430
2022 :: $2.3B
2023 :: 3,086
2022 :: 99%
2023 :: $2.1B
2023 :: 99%
1%
15%
3%
Sale/List Price
Average Sales Price
Average Price/ Sq.Ft
Average Days on Market
2022 :: $669K
2022 :: $298
2022 :: 34
2023 :: $686K
2023 :: $302
2023 :: 39
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park
FRONT RANGE MARKET STATS Residential Only (MLS) | 2022 vs 2023 (YTD - 1/1 through 11/30)
-19%
Closed Transactions
-19%
0%
Sold Dollar Volume
Sale/List Price
2022 :: 53,021
2022 :: $37B
2022 :: 100%
2023 :: $30B
2023 :: 100%
-3%
82%
2023 :: 43,178
-1%
Average Sales Price
Average Price/ Sq.Ft
Average Days on Market
2022 :: $700K
2022 :: $317
2022 :: 17
2023 :: $699K
2023 :: $309
2023 :: 31
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park
FRONT RANGE TOTAL ACTIVE INVENTORY Residential & Land (MLS) | For November of each year 5-Year Comparison 11,000 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0
9,829
7,977 2019
1,852
7,579
6,192
1,387
5,254
2020
4,221
1,033
2021 Total
Residential
10,238 8,759
1,479
2022 Land
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park
9,491
7,836
1,655
2023
-11% 2022>2023 Residential Only
FRONT RANGE NEW LISTINGS VS PENDING SALES Residential & Land (MLS) 7,000 6,500 6,000 5,500 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 Nov 22
Dec 22
Jan 23
Feb 23
Mar 23
Apr 23
May 23
New Listing
Jun 23
Jul 23
Aug 23
Pending
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park
Sep 23
Oct 23
Nov 23