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 February 2023 for the areas that I cover.
Contact me today at 303-249-1318 for details on your neighborhood!
BOULDER COUNTY Year to Year Feb ’22 Feb’23 % change Active Listings 290 525 81.03% New Listings 355 354 -0.28% Pending 329 293 -10.94% Closed 281 206 -26.69% Closed Price Median 765,361 680,000 -11.15% Closed Price Average 965,082 956,289 -0.91% Days on Market 21 46 119.05% Months Supply of Inventory 2.29 4.26 86.03% Average Percent of Original List Price 105.40% 98.50% -6.55% Month to Month Jan’23 Feb’23 % change Active Listings 498 525 5.42% New Listings 273 354 29.67% Pending 241 293 21.58% Closed 176 206 17.05% Closed Price Median 642,790 680,000 5.79% Closed Price Average 879,501 956,289 8.73% Days on Market 56 46 -17.86% Months Supply of Inventory 4.38 4.26 -2.74% Average Percent of Original List Price 97.60% 98.50% 0.92%
DENVER COUNTY Year to Year Feb ’22 Feb’23 % change Active Listings 616 886 43.83% New Listings 1,084 797 -26.48% Pending 1,031 807 -21.73% Closed 868 652 -24.88% Closed Price Median 556,000 556,125 0.02% Closed Price Average 666,942 710,286 6.50% Days on Market 17 43 152.94% Months Supply of Inventory 1.95 2.58 32.31% Average Percent of Original List Price 104.80% 98.80% -5.73% Month to Month Jan ’23 Feb ’23 % change Active Listings 923 886 -4.01% New Listings 697 797 14.35% Pending 762 807 5.91% Closed 505 652 29.11% Closed Price Median 539,000 556,125 3.18% Closed Price Average 641,785 710,286 10.67% Days on Market 45 43 -4.44% Months Supply of Inventory 3.2 2.58 -19.38% Average Percent of Original List Price 98.00% 98.80% 0.82%
ADAMS COUNTY Year to Year Feb ’22 Feb’23 % change Active Listings 334 690 106.59% New Listings 633 592 -6.48% Pending 601 663 10.32% Closed 528 487 -7.77% Closed Price Median 499,970 490,000 -1.99% Closed Price Average 522,755 504,991 -3.40% Days on Market 13 50 284.62% Months Supply of Inventory 1.83 2.64 44.26% Average Percent of Original List Price 104.3 98.90% -99.05% Month to Month Jan’23 Feb’23 % change Active Listings 774 690 -10.85% New Listings 484 592 22.31% Pending 548 663 20.99% Closed 361 487 34.90% Closed Price Median 480,000 490,000 2.08% Closed Price Average 497,945 504,991 1.42% Days on Market 43 50 16.28% Months Supply of Inventory 3.48 2.64 -24.14% Average Percent of Original List Price 98.50% 98.90% 0.41%
JEFFERSON COUNTY Year to Year Feb ’22 Feb’23 % change Active Listings 362 505 39.50% New Listings 741 565 -23.75% Pending 703 644 -8.39% Closed 566 516 -8.83% Closed Price Median 610,000 587,900 -3.62% Closed Price Average 680,357 654,028 -3.87% Days on Market 10 46 360.00% Months Supply of Inventory 1.94 2.07 6.70% Average Percent of Original List Price 106.70% 99.20% -7.03% ` Month to Month Jan ’23 Feb’23 % change Active Listings 580 505 -12.93% New Listings 488 565 15.78% Pending 627 644 2.71% Closed 405 516 27.41% Closed Price Median 580,000 587,900 1.36% Closed Price Average 641,834 654,028 1.90% Days on Market 42 46 9.52% Months Supply of Inventory 2.63 2.07 -21.29% Average Percent of Original List Price 98.40% 99.20% 0.81%
BROOMFIELD COUNTY Year to Year Feb ’22 Feb’23 % change Active Listings 52 71 36.54% New Listings 81 80 -1.23% Pending 76 97 27.63% Closed 73 72 -1.37% Closed Price Median 635,500 632,500 3.83% Closed Price Average 754,570 729,162 4.14% Days on Market 14 54 285.71% Months Supply of Inventory 1.82 2.09 14.84% Average Percent of Original List Price 104.00% 99.20% -4.62% Month to Month Jan ’23 Feb ’23 % change Active Listings 88 71 -19.32% New Listings 55 80 45.45% Pending 74 97 31.08% Closed 40 72 80.00% Closed Price Median 582,500 632,500 3.83% Closed Price Average 631,930 729,162 4.14% Days on Market 45 54 20.00% Months Supply of Inventory 3.57 2.09 -41.46% Average Percent of Original List Price 98.60% 99.20% 0.61%