If you’re thinking about selling your single-family home in the metro area, it’s important to have a good understanding of what’s going on in the broader market.
Knowing the most important data such as the average sales price, the number of homes sold, and days on market will better prepare you to sell your home.
Our August 2021 market report showcases everything you need to know about local real estate trends according to recent data provided by the Denver Metro Association of Realtors Market Trends Committee that showcases market activity across the 11 counties of the Denver Metro Area; Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, and Park.
For insight into the North Metro Denver Real Estate Counties click here!
| Detached Single-Family | Year to Year | ||
| July ’20 | July ’21 | % change | |
| Active Listings | 4,001 | 2,878 | -28.07% |
| New Listings | 5,274 | 5,125 | -2.83% |
| Pending | 4,810 | 4,287 | -10.87% |
| Closed | 5,309 | 4,123 | -22.34% |
| Closed Price Median | $500,000 | $600,000 | 20.00% |
| Closed Price Average | $596,876 | $699,795 | 17% |
| Days on Market | 24 | 8 | 66.67% |
| Months Supply of Inventory | 1.75 | 1.94 | 10.85% |
| Average Percent of Original List Price | 100.11% | 104.56% | 4.45% |
| Sales Volume | $3,168,812,679 | $2,484,885,253 | -8.95% |
| Month to Month | |||
| June ’21 | July ’21 | % change | |
| Active Listings | 2,137 | 2,878 | 34.67% |
| New Listings | 5,663 | 5,125 | -9.42% |
| Pending | 4,776 | 4,287 | -5.97% |
| Closed | 4,370 | 4,123 | -12.13% |
| Closed Price Median | $600,000 | $600,000 | 0.00% |
| Closed Price Average | $728,385 | $699,795 | -4% |
| Days on Market | 8 | 8 | 0.00% |
| Months Supply of Inventory | 1.78 | 1.94 | 8.98% |
| Average Percent of Original List Price | 105.96% | 104.56% | -1.27% |
| Sales Volume | $3,183,040,287 | $2,484,885,253 | -15.21% |
| Attached | Year to Year | ||
| July ’20 | July ’21 | % change | |
| Active Listings | 2,448 | 1,178 | -51.88% |
| New Listings | 2,375 | 2,025 | -14.74% |
| Pending | 1,915 | 1,774 | -7.36% |
| Closed | 2,089 | 1,697 | -18.76% |
| Closed Price Median | $333,000 | $381,250 | 14.49% |
| Closed Price Average | $384,373 | $442,949 | 15% |
| Days on Market | 26 | 12 | -53.85% |
| Months Supply of Inventory | 2.3 | 1.88 | -18.26% |
| Average Percent of Original List Price | 99.65% | 103.00% | 3.36% |
| Sales Volume | $802,955,980 | $751,683,710 | -6.39% |
| Month to Month | |||
| June ’21 | July ’21 | % change | |
| Active Listings | 985 | 1,178 | 19.59% |
| New Listings | 2,136 | 2,025 | -6.42% |
| Pending | 1,896 | 1,774 | -2.15% |
| Closed | 1,819 | 1,697 | -12.71% |
| Closed Price Median | $380,000 | $381,250 | 0.79% |
| Closed Price Average | $440,066 | $442,949 | 1.64% |
| Days on Market | 14 | 12 | -7.69% |
| Months Supply of Inventory | 1.71 | 1.88 | 9.94% |
| Average Percent of Original List Price | 104.08% | 103.00% | -1.06% |
| Sales Volume | $800,479,157 | $751,683,710 | -11.27% |
