If you’re thinking about selling your home, it’s important to have a good understanding of what’s going on in the local market.
Knowing the most important data such as the average sales price, the number of homes sold, and days on the market will better prepare you to sell your home.
Our market report showcases everything you need to know about local real estate trends based on Sales Data from May 2023 for the areas that I cover.
Contact me today at 303-249-1318 for details on your neighborhood!
BOULDER COUNTY Year to Year May ’22 May ’23 % change Active Listings 657 779 18.57% New Listings 678 602 -11.21% Pending 503 430 -14.51% Closed 470 412 -12.34% Closed Price Median $797,000 $719,140 -9.77% Closed Price Average $993,236 $928,225 -6.55% Days on Market 9 31 244.44% Months Supply of Inventory 2.84 3.35 17.96% Average Percent of Original List Price 106.1 100.00% -99.06% Month to Month April ’23 April ’23 % change Active Listings 690 779 12.90% New Listings 542 602 11.07% Pending 420 430 2.38% Closed 334 412 23.35% Closed Price Median $769,250 $719,140 -6.51% Closed Price Average $950,029 $928,225 -2.30% Days on Market 36 31 -13.89% Months Supply of Inventory 3.68 3.35 -8.97% Average Percent of Original List Price 99.60% 100.00% 0.40%
DENVER COUNTY Year to Year May ’22 May ’23 % change Active Listings 1,070 1,317 23.08% New Listings 1,562 1,264 -19.08% Pending 1,461 1,046 -28.41% Closed 1,469 1,013 -31.04% Closed Price Median $615,000 $599,000 -2.60% Closed Price Average $770,093 $751,602 -2.40% Days on Market 9 20 122.22% Months Supply of Inventory 1.79 2.54 41.90% Average Percent of Original List Price 105.40% 100.50% -4.65% Month to Month April ’23 May ’23 % change Active Listings 1,162 1,317 13.34% New Listings 1,150 1,264 9.91% Pending 1,057 1,046 -1.04% Closed 874 1,013 15.90% Closed Price Median $550,000 $599,000 8.91% Closed Price Average $712,709 $751,602 5.46% Days on Market 24 20 -16.67% Months Supply of Inventory 2.64 2.54 -3.79% Average Percent of Original List Price 100.30% 100.50% 0.20%
ADAMS COUNTY Year to Year May ’22 May ’23 % change Active Listings 769 824 7.15% New Listings 1,026 827 -19.40% Pending 869 740 -14.84% Closed 959 690 -28.05% Closed Price Median $535,000 $514,975 -3.74% Closed Price Average $554,732 $532,674 -3.98% Days on Market 9 24 166.67% Months Supply of Inventory 1.87 2.39 27.81% Average Percent of Original List Price 104.9 100.5 -4.19% Month to Month April ’23 May ’23 % change Active Listings 733 824 12.41% New Listings 751 827 10.12% Pending 761 740 -2.76% Closed 657 690 5.02% Closed Price Median $510,000 $514,975 0.98% Closed Price Average $536,545 $532,674 -0.72% Days on Market 32 24 -25.00% Months Supply of Inventory 2.25 2.39 6.22% Average Percent of Original List Price 100.00% 100.5 9950.00%
BROOMFIELD COUNTY Year to Year May ’22 May ’23 % change Active Listings 128 108 -15.63% New Listings 135 112 -17.04% Pending 107 88 -17.76% Closed 98 91 -7.14% Closed Price Median $650,000 $635,000 3.83% Closed Price Average $732,987 $722,120 4.14% Days on Market 7 21 200.00% Months Supply of Inventory 2.68 2.41 -10.07% Average Percent of Original List Price 106.10% 100.30% -5.47% Month to Month April ’23 May ’23 % change Active Listings 81 108 33.33% New Listings 91 112 23.08% Pending 94 88 -6.38% Closed 82 91 10.98% Closed Price Median $657,500 $635,000 3.83% Closed Price Average $756,015 $722,120 4.14% Days on Market 29 21 -27.59% Months Supply of Inventory 2.09 2.41 15.31% Average Percent of Original List Price 99.90% 100.30% 0.40%
JEFFERSON COUNTY Year to Year May ’22 May ’23 % change Active Listings 814 736 -9.58% New Listings 1,263 936 -25.89% Pending 1,130 889 -21.33% Closed 1,024 851 -16.89% Closed Price Median $650,000 $626,750 -3.58% Closed Price Average $737,533 $700,515 -5.02% Days on Market 8 18 125.00% Months Supply of Inventory 2.02 1.96 -2.97% Average Percent of Original List Price 106.10% 100.9 9409.90% ` Month to Month April ’23 May ’23 % change Active Listings 691 736 6.51% New Listings 865 936 8.21% Pending 852 889 4.34% Closed 713 851 19.35% Closed Price Median $628,000 $626,750 -0.20% Closed Price Average $720,688 $700,515 -2.80% Days on Market 21 18 -14.29% Months Supply of Inventory 2.18 1.96 -10.09% Average Percent of Original List Price 101.10% 100.9 9880.22%
