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 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 March 2023 for the areas that I cover.
Contact me today at 303-249-1318 for details on your neighborhood!
BOULDER COUNTY Year to Year Mar ’22 Mar’23 % change Active Listings 388 622 60.31% New Listings 511 475 -7.05% Pending 397 359 -9.57% Closed 370 320 -13.51% Closed Price Median 731,170 725,705 -0.75% Closed Price Average 992,140 939,876 -5.27% Days on Market 16 39 143.75% Months Supply of Inventory 2.42 3.42 41.32% Average Percent of Original List Price 107.50% 99.80% -7.16% Month to Month Feb’23 Mar’23 % change Active Listings 525 622 18.48% New Listings 354 475 34.18% Pending 293 359 22.53% Closed 206 320 55.34% Closed Price Median 680,000 725,705 6.72% Closed Price Average 956,289 939,876 -1.72% Days on Market 46 39 -15.22% Months Supply of Inventory 4.26 3.42 -19.72% Average Percent of Original List Price 98.50% 99.80% 1.32%
DENVER COUNTY Year to Year Mar ’22 Mar’23 % change Active Listings 785 1,125 43.31% New Listings 1,500 1,235 -17.67% Pending 1,288 957 -25.70% Closed 1,218 874 -28.24% Closed Price Median 600,000 582,500 -2.92% Closed Price Average 758,160 747,210 -1.44% Days on Market 12 31 158.33% Months Supply of Inventory 1.87 2.7 44.39% Average Percent of Original List Price 106.5 99.80% -99.06% Month to Month Feb’23 Mar’23 % change Active Listings 886 1,125 26.98% New Listings 797 1,235 54.96% Pending 807 957 18.59% Closed 652 874 34.05% Closed Price Median 556,125 582,500 4.74% Closed Price Average 710,286 747,210 5.20% Days on Market 43 31 -27.91% Months Supply of Inventory 2.58 2.7 4.65% Average Percent of Original List Price 98.80% 99.80% 1.01%
ADAMS COUNTY Year to Year Mar ’22 Mar’23 % change Active Listings 489 744 52.15% New Listings 982 787 -19.86% Pending 803 750 -6.60% Closed 704 674 -4.26% Closed Price Median 530,000 488,500 -7.83% Closed Price Average 555,362 514,611 -7.34% Days on Market 12 37 208.33% Months Supply of Inventory 2.08 2.27 9.13% Average Percent of Original List Price 105.7 99.7 -5.68% Month to Month Feb’23 Mar’23 % change Active Listings 690 744 7.83% New Listings 592 787 32.94% Pending 663 750 13.12% Closed 487 674 38.40% Closed Price Median 490,000 488,500 -0.31% Closed Price Average 504,991 514,611 1.90% Days on Market 50 37 -26.00% Months Supply of Inventory 2.64 2.27 -14.02% Average Percent of Original List Price 98.90% 99.7 9980.89%
JEFFERSON COUNTY Year to Year Mar ’22 Mar’23 % change Active Listings 510 690 35.29% New Listings 1,056 932 -11.74% Pending 874 746 -14.65% Closed 835 696 -16.65% Closed Price Median 646,500 589,848 -8.76% Closed Price Average 716,258 641,189 -10.48% Days on Market 9 30 233.33% Months Supply of Inventory 1.87 2.33 24.60% Average Percent of Original List Price 108.40% 100.40% -7.38% ` Month to Month Feb’23 Mar’23 % change Active Listings 505 690 36.63% New Listings 565 932 64.96% Pending 644 746 15.84% Closed 516 696 34.88% Closed Price Median 587,900 589,848 0.33% Closed Price Average 654,028 641,189 -1.96% Days on Market 46 30 -34.78% Months Supply of Inventory 2.07 2.33 12.56% Average Percent of Original List Price 99.20% 100.40% 1.21%
BROOMFIELD COUNTY Year to Year Mar ’22 Mar ’23 % change Active Listings 69 81 17.39% New Listings 123 103 -16.26% Pending 100 99 -1.00% Closed 87 103 18.39% Closed Price Median 625,000 650,500 3.83% Closed Price Average 692,173 734,806 4.14% Days on Market 6 34 466.67% Months Supply of Inventory 2.2 1,.78 #VALUE! Average Percent of Original List Price 105.90% 99.30% -6.23% Month to Month Feb ’23 Mar ’23 % change Active Listings 71 81 14.08% New Listings 80 103 28.75% Pending 97 99 2.06% Closed 72 103 43.06% Closed Price Median 632,500 650,500 3.83% Closed Price Average 729,162 734,806 4.14% Days on Market 54 34 -37.04% Months Supply of Inventory 2.09 1.78 -14.83% Average Percent of Original List Price 99.20% 99.30% 0.10%