Denver Metro Market Recap July 2022

Denver Metro Market Recap July 2022

Highlights  An indicator of a balancing market, homes closed on average $5,552 over list price, an 88% drop from the high mark of $47,560 in April  Available inventory continues to climb and is up 81% over last year as only 36% of available homes went under contract...
Denver Metro Market Recap June 2022

Denver Metro Market Recap June 2022

Highlights  While only a slight uptick in average close price overall, attached homes set an all-time high with an average just over $504k  Available inventory jumped nearly 66% (and is up 94% over last year), boosting supply over 1 month (to 1.12) for...
Denver Metro Market Recap May 2022

Denver Metro Market Recap May 2022

Highlights  In a sign that the market may be moving toward some normalization, both average & median sales price were down slightly over last month  Available inventory continued its steady & slow climb, with 10% more homes available to buyers...
Denver Metro Market Recap April 2022

Denver Metro Market Recap April 2022

Highlights  Inventory continues to climb with the warmer weather as April ended with 44% more available listings than we saw at the end of March  Whilst most homes went under contract after 4 days, the overall average is 8 days, 3 days less than the...
Denver Metro Market Recap March 2022

Denver Metro Market Recap March 2022

Highlights  With Spring comes an influx of homes on the market – new listings were up 44% in March, month-end available inventory was up 81%  Still a strong seller’s market, most homes went under contract after the first weekend and closed...