Denver Real Estate Market Report & Statistics : DMAR Stats #dmarstats #justcallants : Experienced Honest & Trustworthy REMAX Denver Colorado Real Estate Agents : Anthony Rael
Understanding Denver's Real Estate Market - # DMARSTATS

April real estate showed that sellers are eager to get their homes on the market during prime seasonality, and buyers shouldn’t sit on the sidelines
DMAR Denver Real Estate Market Trends Report : Denver Metro Association of REALTORS
Denver CO Real Estate Market Snapshots by Anthony Rael, REMAX Colorado Realtor

While inventory is on the rise, so are prices. The average price of a single-family detached home in Denver Metro is $825,073, representing a 3.93 percent increase from last month. With consecutive months of increased prices and interest rates, a buyer's monthly mortgage has increased as well. The average close-price-to-list-price ratio in April for the detached market was 107.29 percent. With the increase in supply, the close-price-to-list-price ratio is an example of how the market was reacting a month ago.

The relationship between closed sales and month-end active inventory impacts the supply and demand of the market and, therefore, many other statistics including average sales price. The most significant factor influencing the supply and demand of this market is interest rates. With many individuals refinancing due to low-interest rates on their house and interest rates north of five percent, there is minimal financial incentive to move.

The increased interest rates are already impacting the amount of inventory sitting on the market. While Denver Metro is still relatively low in inventory, the word “historic” is no longer applicable as there were 610 fewer properties on the market last year compared to today. The market usually sees an 8.59 percent increase in month-over-month inventory. This month, it saw an outstanding 44.26 percent increase.

The DMAR monthly report also includes statistics and analyses in its supplemental “Luxury Market Report” (properties sold for $1 million or greater), “Signature Market Report” (properties sold between $750,000 and $999,999), “Premier Market Report” (properties sold between $500,000 and $749,999), and “Classic Market” (properties sold between $300,000 and $499,999).

Meanwhile, in the Luxury Market, inventory is on the rise, with a 57.65 percent increase in new listings from this time last year. However, as a result of inflation, more homes will cross the threshold into the Luxury Market simply due to list price or more likely due to bidding wars that end 20 percent or more over the original ask price.

In part due to seasonality, new listings for detached homes rose 26.62 percent from last month. However, this is a 63.73 percent jump from last year for new listings. Pending sales rose 27.15 percent to 562 properties and 599 closed homes, a 17.91 percent increase from last month. Unsurprisingly, the average days in MLS decreased to 14 days from 17 last month, while the median days in MLS of four held strong month-over-month.

The close-price-to-list-price ratio jumped slightly to 108.45 percent up just 0.39 percent from last month. Most notably, this data point was 102.62 percent this time last year, which means there has been a 5.68 percent rise in the last year. As such, the price per square foot total also jumped 16.27 percent from last year to $386 per square foot.

May 2022 Denver Colorado ATTACHED SINGLE FAMILY (Median Price - Condo-Townhome) Market Snapshot : Denver Metro Association of Realtors May 2022 Denver Colorado DETACHED SINGLE FAMILY (Median Price - Condo-Townhome) Market Snapshot : Denver Metro Association of Realtors

May 2022 Denver Colorado ATTACHED SINGLE FAMILY (Average Price - Condo-Townhome) Market Snapshot : Denver Metro Association of Realtors May 2022 Denver Colorado DETACHED SINGLE FAMILY (Average Price - Condo-Townhome) Market Snapshot : Denver Metro Association of Realtors

May 2022 Denver Colorado LUXURY $1M+ Real Estate Market Snapshot : Denver Metro Association of Realtors Denver CO Real Estate Market Snapshots by Anthony Rael, REMAX Colorado Realtor
DOWNLOAD MAY 2022 DENVER REAL ESTATE MARKET TRENDS REPORT

Digging Deeper: April 2022 Records
ACTIVE LISTINGS
(Attached) 759 represents the lowest April on record. The previous record was 2015 with 950 active listings.

CLOSE PRICE — MEDIAN
(Residential) $624,950 represents the highest number on record. The previous record was March 2022 of $602,000.
(Detached) $684,550 represents the highest number on record. The previous record was March of $660,000.
(Attached) $440,000 represents the highest number on record. The previous record was March 2022 of $422,000.

CLOSE PRICE — AVERAGE
(Residential) $726,988 represents the highest on record. The previous record high was March 2022 of $702,694.
(Detached) $825,073 represents the highest on record. The previous record high was March 2022 of $797,700.
(Attached) $495,078 represents the highest April on record. The previous record was 2021 of $440,768.

DAYS IN MLS — MEDIAN
(Residential) 4 days represents a tie for the lowest amount on record. The previous record low was set 7 other times.
(Detached) 4 days represents a tie for the lowest amount on record. The previous record low was set 8 other times.
(Attached) 4 days represents a tie for the lowest amount on record. The previous record low was set 7 other times.

DAYS IN MLS — AVERAGE
(Residential) 8 days represents the lowest number on record. The previous record low of 9 days was set in July of 2021.
(Detached) 9 days represents the lowest April on record. The previous record low was 2021 at 10 days.
(Attached) 8 days represents the lowest number on record. The previous record low of 12 days was set in March of 2022.

MONTHS OF INVENTORY (MOI)
(Attached) 0.52 months represents the lowest April on record. The previous record low of 0.64 was in 2021.

Each Monthly Report shows MLS data based through the end of the previous month from REColorado
Source: Denver Metro Association of REALTORS® Market Trends Committee #dmarstats
Infographics/Snapshots Courtesy of: Anthony Rael, RE/MAX Alliance

  City and County Real Estate Market Reports
  Denver Colorado Real Estate Market Statistics & Trends Reports - Main Index

2022
  August 2022 - Denver Colorado Real Estate Market Statistics & Trends Report
  July 2022 - Denver Colorado Real Estate Market Statistics & Trends Report
  June 2022 - Denver Colorado Real Estate Market Statistics & Trends Report
  May 2022 - Denver Colorado Real Estate Market Statistics & Trends Report
  April 2022 - Denver Colorado Real Estate Market Statistics & Trends Report
  March 2022 - Denver Colorado Real Estate Market Statistics & Trends Report
  February 2022 - Denver Colorado Real Estate Market Statistics & Trends Report
  January 2022 - Denver Colorado Real Estate Market Statistics & Trends Report

2021
  December 2021 - Denver Colorado Real Estate Market Statistics & Trends Report
  November 2021 - Denver Colorado Real Estate Market Statistics & Trends Report
  October 2021 - Denver Colorado Real Estate Market Statistics & Trends Report
  September 2021 - Denver Colorado Real Estate Market Statistics & Trends Report
  August 2021 - Denver Colorado Real Estate Market Statistics & Trends Report
  July 2021 - Denver Colorado Real Estate Market Statistics & Trends Report
  June 2021 - Denver Colorado Real Estate Market Statistics & Trends Report
  May 2021 - Denver Colorado Real Estate Market Statistics & Trends Report
  April 2021 - Denver Colorado Real Estate Market Statistics & Trends Report
  March 2021 - Denver Colorado Real Estate Market Statistics & Trends Report
  February 2021 - Denver Colorado Real Estate Market Statistics & Trends Report
  January 2021 - Denver Colorado Real Estate Market Statistics & Trends Report

2020
  December 2020 - Denver Colorado Real Estate Market Statistics & Trends Report
  November 2020 - Denver Colorado Real Estate Market Statistics & Trends Report
  October 2020 - Denver Colorado Real Estate Market Statistics & Trends Report
  September 2020 - Denver Colorado Real Estate Market Statistics & Trends Report
  August 2020 - Denver Colorado Real Estate Market Statistics & Trends Report
  July 2020 - Denver Colorado Real Estate Market Statistics & Trends Report
  June 2020 - Denver Colorado Real Estate Market Statistics & Trends Report
  June 2020 - Denver Colorado Real Estate Market Statistics & Trends Report
  May 2020 - Denver Colorado Real Estate Market Statistics & Trends Report
  April 2020 - Denver Colorado Real Estate Market Statistics & Trends Report
  March 2020 - Denver Colorado Real Estate Market Statistics & Trends Report
  February 2020 - Denver Colorado Real Estate Market Statistics & Trends Report
  January 2020 - Denver Colorado Real Estate Market Statistics & Trends Report

2019
  2019 Year-End : a 30-Year Historical Perspective of the Denver Real Estate Market
  December 2019 - Denver Colorado Real Estate Market Statistics & Trends Report
  November 2019 - Denver Colorado Real Estate Market Statistics & Trends Report
  October 2019 - Denver Colorado Real Estate Market Statistics & Trends Report
  September 2019 - Denver Colorado Real Estate Market Statistics & Trends Report
  August 2019 - Denver Colorado Real Estate Market Statistics & Trends Report
  July 2019 - Denver Colorado Real Estate Market Statistics & Trends Report
  June 2019 - Denver Colorado Real Estate Market Statistics & Trends Report
  May 2019 - Denver Colorado Real Estate Market Statistics & Trends Report
  April 2019 - Denver Colorado Real Estate Market Statistics & Trends Report
  March 2019 - Denver Colorado Real Estate Market Statistics & Trends Report
  February 2019 - Denver Colorado Real Estate Market Statistics & Trends Report
  January 2019 - Denver Colorado Real Estate Market Statistics & Trends Report

2018
  December 2018 - Denver Colorado Real Estate Market Statistics & Trends Report
  November 2018 - Denver Colorado Real Estate Market Statistics & Trends Report
  October 2018 - Denver Colorado Real Estate Market Statistics & Trends Report

  September 2018 - Denver Colorado Real Estate Market Statistics & Trends Report
  August 2018 - Denver Real Estate Market Trends Report
  July 2018 - Denver Real Estate Market Trends Report
  June 2018 - Denver Real Estate Market Trends Report
  May 2018 - Denver Real Estate Market Trends Report
  April 2018 - Denver Real Estate Market Trends Report
  March 2018 - Denver Real Estate Market Trends Report
  February 2018 - Denver Real Estate Market Trends Report
  January 2018 - Denver Real Estate Market Trends Report

2017
  December 2017 - Denver Real Estate Market Trends Report
  November 2017 - Denver Real Estate Market Trends Report
  October 2017 - Denver Real Estate Market Trends Report
  September 2017 - Denver Real Estate Market Trends Report
  June 2017 - Denver Real Estate Market Trends Report
  May 2017 - Denver Real Estate Market Trends Report

  April 2017 - Denver Real Estate Market Trends Report
  March 2017 - Denver Real Estate Market Trends Report
  February 2017 - Denver Real Estate Market Trends Report
  January 2017 - Denver Real Estate Market Trends Report

2016

  December 2016 - Denver Real Estate Market Trends Report
  November 2016 - Denver Real Estate Market Trends Report
  October 2016 - Denver Real Estate Market Trends Report
  September 2016 - Denver Real Estate Market Trends Report
  August 2016 - Denver Real Estate Market Trends Report
  July 2016 - Denver Real Estate Market Trends Report
  June 2016 - Denver Real Estate Market Trends Report

  May 2016 - Denver Real Estate Market Trends Report
  April 2016 - Denver Real Estate Market Trends Report
  March 2016 - Denver Real Estate Market Trends Report
  February 2016 - Denver Real Estate Market Trends Report

  January 2016 - Denver Real Estate Market Trends Report

2015
  December 2015 - Denver Real Estate Market Statistics & Trends Report

  November 2015 - Denver Real Estate Market Statistics & Trends Report
  October 2015 - Denver Real Estate Market Statistics & Trends Report
  September 2015 - Denver Real Estate Market Statistics & Trends Report
  August 2015 - Denver Real Estate Market Statistics & Trends Report

  July 2015 - Denver Real Estate Market Statistics & Trends Report
  June 2015 - Denver Real Estate Market Statistics & Trends Report
  May 2015 - Denver Real Estate Market Statistics & Trends Report
  April 2015 - Denver Real Estate Market Statistics & Trends Report
  March 2015 - Denver Real Estate Market Statistics & Trends Report
  February 2015 - Denver Real Estate Market Statistics & Trends Report
  January 2015 - Denver Real Estate Market Statistics & Trends Report

Archived Denver Real Estate Market Reports
Month-end Inventory, Average & Median Sales Prices, Days on Market (DOM), Price Appreciation, Sales Volume & More!
Archived Denver Colorado Real Estate Market Snapshots
A graphical look back at market stats and trends since 2015 : Infographics compliments of Anthony Rael

NOTES:
Interview requests from the media should be directed to DMAR's Marketing Communications at (303) 300-8490
MLS stats are tracked in arears, so the published report is for the previous month-end activity
The DMAR 'Premier Market' is defined as $500,000 to $749,999
The DMAR 'Signature Market' is defined as $750,000 to $999,999
The DMAR 'Luxury Market' is defined as $1,000,000 and over
11-Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson & Park
Research:  Denver Metro Association of REALTORS® Market Trends Committee


The DMAR Market Trends Committee, part of the Denver Metro Association of REALTORS®, provides timely, consistent, and relevant monthly summaries of valuable local real estate market statistical data for both its members and the general public. Statistics from the “Denver Metro Real Estate Market Trends Report” provide data for the following counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, and Park. Source of the reported data is REcolorado.

Real Estate Snapshots & Infographics Courtesy of: Anthony Rael, RE/MAX Alliance

Find Your Dream Home with REMAX in Colorado : Denver Colorado Homes For Sale : Denver MLS Property Listings : #JustCallAnts : SearchHomesInDenver.com : Anthony Rael REMAX Alliance

  Media Coverage
Former Denver Metro Association of Realtors Market Trends Chairman Anthony Rael with RE/MAX Alliance is a trusted "go-to" real estate expert for local, regional and national media. Below is a list of recent media interviews with Anthony providing expert commentary. Below are a few of media interviews he's provided commentary on:

Denver Post - Once the king, cash losing a little cachet when it comes to buying a Denver home
Colorado Public Radio - Climbing Denver Home Prices Finally Spark Some Building
Colorado Public Radio - Denver Home Prices Are Still Climbing. The Good News? Price Growth Is Slowing
HousingWire.com : Mile-high Appreciation & Mile High Appreciation
Colorado Public Radio - As Buyers Spar Over Denver Homes, Veterans Find Themselves At A Disadvantage
VeroFORECAST Predicts Continuing Strength in Housing Market : Top Markets Rising 10 Percent Over The Next 12 Months
Denver Business Journal : Denver area housing market to see big value increase in 2018: Report
Denver7 & TheDenverChannel.com : Realtors warn of potential security flaw at homes listed for sale
Denver Post : Denver, northern Front Range real estate party ends in late 2019, new forecast predicts
Denver Business Journal [Video] : Battles are fierce for bidding homebuyers in metro Denver
Denver7 & TheDenverChannel.com : Thieves breaking into Denver homes are using real estate lockboxes to do so
5280 Magazine : Denver’s 2017 Real Estate Outlook
Denver Post : Denver area still lags in new home construction
Denver Business Journal : Metro Denver home inventory shortages persist as prices continue to grow
Denver Post : Metro Denver home prices slightly down, condo prices up in August: Rush on appraisals
Denver Real Estate Watch : Seasonal real estate peak
Denver Post : Home prices drop in metro Denver as affordability becomes an issue
Denver Business Journal : Metro Denver home prices continue strong gains
Denver Real Estate Watch : Record home price takes a breather
Worth Magazine : Influx of millennials creating exciting investment opportunities in Denver
Denver Post : Metro Denver sees a big jump in the inventory of homes for sale in June
Denver7 & TheDenverChannel.com : Finding a home for sale is hard to come by these days, but some have made it work
Denver Business Journal : Metro Denver home inventory up in June, but prices climbed faster
Denver Post : Denver median home sold price nears $400,000
CBS4 News : Denver’s Housing Market Just Keeps Getting Tighter
CBS4 News [Video] : Denver’s Housing Market Just Keeps Getting Tighter
Denver Post : Frustration rises as a fifth of Denver home sale deals fall through in April 
Denver Business Journal : Metro Denver housing inventory hits record low for May
Denver Post : Inventory of homes for sale hits record low in metro Denver 
9News Denver [Video] : Low inventory leads to creative home-buying tactics
Denverite : Do people move to Colorado for legal weed? Probably not, but no one knows for sure
Denver Post : Denver home sale listings jump 33.6 percent over record-low February
Denver Business Journal : Denver-area home prices continue to climb; low-priced inventory scant
Denver Business Journal : $20 billion in metro Denver home sales in 2015 and other records
Denver Business Journal : Denver home inventory continues climb in November, but so do prices
Denver Business Journal : Colorado home prices up 12 percent, but inventory up too
Denver Business Journal : Denver-area house prices up 11%, but slowdown could be in sight
Denver Business Journal : Colorado's home-price pressure eases with influx of new listings
Denver Business Journal : Is Denver's residential real estate market cooling off?
Denver Business Journal : Torrid metro Denver home-price pace to continue
Denver Business Journal : Passing $400K, average Denver-area house sale prices hit all-time high
Denver Business Journal : Metro Denver home supply down 32% in March from year ago
Denver Business Journal : Average home price in metro Denver tops $390K
Denver Business Journal : Denver metro home sales created a $22 billion impact in 2014
Denver Business Journal : Denver area home buying continues slowdown
Denver Business Journal : Residential real estate market softened in Denver during August
Denver Business Journal : Metro Denver homebuying hits $1.9 billion in monthly sales
Denver Business Journal : Buying a metro Denver home? It will cost you more than ever
Realty Today : Four Factors That Play Important Roles in Denver's Real Estate Market in 2016
5280 Magazine : Issues That Will Impact the 2016 Real Estate Market
MONEY Magazine : Buyers Guide: How to Beat the Competition in a Hot Housing Market
Denver Business Journal : Anthony Rael, Denver Real Estate Agent & DMAR Market Trends Chair
Colorado Springs Gazette : Colorado Springs' lower home prices lure frustrated Denver buyers
Kiplinger Magazine : Money-Smart Tactics to Prosper in This Hot Housing Market
Denver Business Journal : Anthony Rael, Denver Real Estate Agent & DMAR Market Trends Chair
TIME-Money Magazine : The Letter That Saved $11,000. Really.
Builder and Developer Magazine : Denver’s Housing Market Just Keeps Getting Tighter
MSN Money : Millennials shift to buying as rents surge
DenverPost.com : Anthony Rael, Denver Real Estate Agent & DMAR Market Trends Chair

Glossary of Terms for Real Estate Stats
What is Median Sale Price?
What are Active Listings?
What are New Listings?
What are Sold Listings?
What is Pending/Under Contract?
What are Days on Market?

What is the Affordable Housing Index?
What are Months Supply of Listings?

[ RETURN TO MARKET TRENDS HOME ]
[ Investing in Denver Real Estate ]

FIND YOUR DREAM HOME NOW!
HomesInColorado.info - Powered by REColorado / Metrolist Denver MLS SearchHomesInDenver.com - Powered by RE/MAX Alliance HomesInColorado HomesForSaleDenverColorado.com - Powered by REMAX
SEARCH HOMES NOW!
HomesInColorado.info
Powered by REColorado.com
SEARCH HOMES NOW!
SearchHomesInDenver.com

Powered by RE/MAX Alliance
SEARCH HOMES NOW!
HomesForSaleDenverColorado.com

Powered by remax.com

Connect with Anthony Rael on Facebook (@anthonyrael); Instagram (@anthonymrael); LinkedIn (@anthonyrael); Twitter (@anthonyrael)  Colorado Association of Realtors   Denver Realtors : Denver Metro Association of Realtors : DMAR  Zillow Reviews for Anthony RaelColorado Realtor Reviews & Client Testimonials / Recommendations

Featured MLS Listings, SOLD Listings, Arvada Homes for Sale, Aurora Homes for Sale, Boulder Homes for Sale, Brighton Homes for Sale, Broomfield Homes for Sale, Castle Pines Homes for Sale, Commerce City Homes for Sale, Denver Homes for Sale, Erie Homes for Sale, Golden Homes for Sale, Highlands Ranch Homes for Sale, Lafayette Homes for Sale, Lakewood Homes for Sale, Littleton Homes for Sale, Louisville Homes for Sale, Northglenn Homes for Sale, Parker Homes for Sale, Thornton Homes for Sale, Westminster Homes for Sale - Denver Residential Real Estate, New Home Construction, Investment Properties, First-time Buyers, Relocation
Home Buyer's Guide | Home Seller's Guide
Buy a Home
 | Find Your Dream Home | Pre-Qualifying for a Mortgage | Home Mortgage Loans
Homesnap App | First-Time Homebuyers | Relocation to Denver Colorado | Where to Live in Denver
Reliable Contractors 
| Honest & Trustworthy Advice | Community Resources | Active & Sold Listing Virtual Tours
Invest in Denver Real Estate | Sell a Home | Property Values | Denver Real Estate Market Reports | American Lifestyle
Colorado Realtor Reviews 
| Meet Anthony Rael | 'Just Call Ants' | Home

 REMAX Denver Colorado Real Estate Agents : Relocation Experts : Honest Trustworthy Realtor & Advisor Since 2005 : Anthony Rael #JustCallAnts REMAX Alliance   Anthony Rael, REMAX Real Estate Agent in Colorado serving Arvada, Aurora, Boulder, Brighton, Broomfield, Castle Pines, Commerce City, Denver, Golden, Highlands Ranch, Lakewood, Littleton, Longmont, Northglenn, Parker, Thornton, Westminster    REMAX Denver Colorado Real Estate Agents : Relocation Experts : Honest Trustworthy Realtor & Advisor Since 2005 : Anthony Rael #JustCallAnts REMAX Alliance

Featured MLS Listings, SOLD Listings, Arvada Homes for Sale, Aurora Homes for Sale, Boulder Homes for Sale, Brighton Homes for Sale, Broomfield Homes for Sale, Castle Pines Homes for Sale, Commerce City Homes for Sale, Denver Homes for Sale, Erie Homes for Sale, Golden Homes for Sale, Highlands Ranch Homes for Sale, Lafayette Homes for Sale, Lakewood Homes for Sale, Littleton Homes for Sale, Louisville Homes for Sale, Northglenn Homes for Sale, Parker Homes for Sale, Thornton Homes for Sale, Westminster Homes for Sale - Denver Residential Real Estate, New Home Construction, Investment Properties, First-time Buyers, Relocation
© 2005-2022 ANTHONYRAEL.COM | ALL RIGHTS RESERVED | PRIVACY | SITEMAP | HOME

Anthony Rael  |  REMAX Alliance - DTC  |  6465 Greenwood Plaza Blvd #280  |  Greenwood Village, CO 80111  |  303.520.3179
AnthonyRael.REALTOR  |  HomesInColorado.info  |  SearchHomesInDenver.com  |  HomesForSaleDenverColorado.com

Each RE/MAX Office Independently Owned and Operated

REMAX  |  RE/MAX, LLC  |  RE/MAX Rocky Mountain  |  RE/MAX Alliance  |  REMAX.com

REMAX | When Experience Matters - 'Just Call Ants' - Denver Colorado Real Estate Agent Anthony Rael : Residential Real Estate | New Home Construction | Relocation | First-Time Buyers | Investment Properties | Home Loans | Market Statistics