Denver Metro Market Update October of 2021

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 October 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-FamilyYear to Year
Sept ’20Sept ’21% change
Active Listings3,0412,803-7.83%
New Listings4,4394,392-1.06%
Closed Price Median$510,000$575,00012.75%
Closed Price Average$597,867$688,62915.18%
Days on Market2213-40.91
Months Supply of Inventory1.611.9320.00%
Average Percent of Original List Price100.47%101.95%1.47%
Sales Volume$2,773,504,308$2,555,500.453-7.86%
Month to Month
Aug ’21Sept ’21% change
Active Listings2,4692,80313.53%
New Listings4,3044,3922.07%
Closed Price Median$581,000$575,000-0.86%
Closed Price Average$687,768$688,6290.41%
Days on Market101330.00%
Months Supply of Inventory1.71.9313.52%
Average Percent of Original List Price102.78%101.95%-0.80%
Sales Volume$2,733,188,931$2,555,500.453-12.04%
AttachedYear to Year
Sept ’20Sept ’21% change
Active Listings2,2601,168-48.32%
New Listings2,0391,733-15.01%
Closed Price Median$335,000$380,00013.43%
Closed Price Average$384,330$446,80016%
Days on Market2615-42.31%
Months Supply of Inventory2.331.9-18.45%
Average Percent of Original List Price99.79%101.77%1.98%
Sales Volume$708,320,570$680,028,947-3.99%
Month to Month
Aug ’21Sept ’21% change
Active Listings1,1131,1684.94%
New Listings1,8051,733-4.10%
Closed Price Median$375,000$380,0001.88%
Closed Price Average$437,655$446,8001.51%
Days on Market14157.14%
Months Supply of Inventory1.771.97.34%
Average Percent of Original List Price102.02%101.77%0.2
Sales Volume$719,504,049$680,028,947-12.52%

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