All major statistical categories
point towards the market slowing down. Days in the MLS went up 120
percent since last year at this time, and the
close-price-to-list-price ratio dropped below 100 percent for the
first time since July 2020, to 99.41 percent. Meanwhile, the median
sales price decreased 2.54 percent from the previous month.
Year-to-date, the Denver Metro is up 8.49 percent in median sales
price. That translates to the average homeowner gaining $49,233.51
in equity. New listings dropped 15.50 percent year-over-year.
Sellers are no longer incentivized to move as their current interest
rate is most likely significantly lower than what they could get if
they bought.
As the Denver Metro area experiences back-to-school season, the
Luxury Market saw similar occurrences to other price segments with
new listings in August down 18.77 percent month-over-month for
detached homes and 18.31 percent for attached. The total sales
volume in August was $658,551,398, down 19.29 percent from July and
16.80 percent year-over-year. Sales volume year-to-date is
$6,717,616,956, up 17.21 percent year-over-year, reflecting the
heated first half of 2022 and balancing out as we get farther into
the year and seasonally slower months. This market segment has grown
rapidly since 2020; the year-to-date sales volume in 2020 was
$2,822,161,140, a 138.03 percent increase in two years.
The median days in the MLS for August increased for both attached
and detached homes at 12 days and 13 days, respectively. The
close-price-to-list price ratio of detached homes dropped below 100
percent for the first time since January 2021.
The months of inventory for attached and detached homes in this
segment stayed similar to July, with 2.39 months of inventory for
detached homes and 3.40 months for attached, still within the
typical seller's market range. However, compared to the intensity of
the spring market, this is a more even playing field and an
opportunity for buyers.
The DMAR 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).
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
September 2022 -
Denver Colorado Real Estate Market Statistics & Trends Report
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
