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October Market Snapshot


The November report, according to the recent data provided by the Denver Metro Association of Realtors.  These highlights showcase the October market transactions encompassing the 11 counties of the Denver Metro Area. (Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, and Park) Here are the highlights:

Market Overview 

Residential (Single Family plus Condo)                      Prior Month    Year-over-Year

Active Inventory                                          8,557       -7.85%             0.21%
Sold Homes                                                4,654       -6.40%             1.62%

Sold Price - Average                                $486,390    1.22%              3.54%

Sold Price - Median                                 $423,200     1.98%             5.80%
Days on Market - Average                        33               0.00%           10.00%

 

Single Family (aka Detached Single Family)              Prior Month    Year-over-Year

Active Inventory                                        5,844         -10.41%         -5.56%
Sold Homes                                              3,348           -5.13%          3.65%
Sold Price - Average                               $535,483        0.48%          1.96%
Sold Price - Median                                $456,000        1.33%           4.83%
Days on Market - Average                       32                 -3.03%           3.23%

 

Condo (aka Attached Single Family)                          Prior Month    Year-over-Year

Active Inventory                                        2,713          -1.81%            15.40%
Sold Homes                                              1,306          -9.49%            -3.26%
Sold Price - Average                               $365,665       2.35%             6.95%
Sold Price - Median                                 $306,875     -1.33%             2.35%
Days on Market - Average                        34                3.03%           36.00%

 

Source: 

https://www.dmarealtors.com/download-dmars-november-2019-market-trends-report By Dillon Landfried - Nov 13, 2019

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