First To Know
Market Stats for Greater Metro Denver
Recent Stats as of May 2022
Single Family Average
Up 19.2% YoY
Up 14.7% YoY
Supply - Active Listings
Active listings saw an increase to 2,960 – a 29.4% increase over March. While a relief for buyers, this number is still down as compared to the previous 3 years.
April saw an increase in new listings. New listings are ahead of 2020 and 2021 and saw an increase of 13.2% when compared to March.
Demand - Pending Sales
Demand remained high in April and increased 14.8% when compared to March. Demand is at the same level as what we saw in 2019 and 2021.
Average Price per SqFt - Single Family
The average price per square foot for single family homes was also at an all-time high, up 19.8% YoY and up 1.9% as compared to last month.
Average Days in MLS
While new listings are coming onto the market, they are moving very fast. In fact, the average is just 8 days for April and the median days in MLS is 4 days for April, equal to April 2021 and March 2022.
Percent of Closed Price to List Price
Buyers in April were willing to pay, on average, 107% over the list price (an increase of 0.5% as compared to March).
Greater Metro Denver includes the following counties:
- Arapahoe, Adams, Broomfield, Denver, Douglas, Elbert and Jefferson
- Reports are based on information from REColorado®, Inc. for the period shown in title. Note: This representation is based in whole or in part on content supplied by REColorado®, Inc. REColorado®, Inc. does not guarantee nor is in any way responsible for its accuracy. Content maintained by REColorado®, Inc. may not reflect all real estate activity in the market.
- Information deemed reliable but not guaranteed.
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