REAL ESTATE SNAPSHOT MARKET RECAP
JANUARY - MAY 2024
Y
CONTENTS ARAPAHOE COUNTY 2 CHERRY CREEK 8 CITY OF DENVER 14 DOUGLAS COUNTY 20 ERIE 26 THE VILLAGES 32 DENVER METRO 38 LUXURY 44 BERTHOUD 50 BOULDER 56 FORT COLLINS 62 LOVELAND 68 TIMNATH 74 WINDSOR 80 1
ARAPAHOE COUNTY
Arapahoe County neighborhoods provide gorgeous views and easy access to the city. Arapahoe County has many wonderful and beautiful neighborhoods that offer a wide variety of arts, culture, recreation and entertainment. Arapahoe County includes communities such as: Centennial, Englewood, Greenwood Village, Cherry Hills Village and more. Arapahoe County offers the benefits of city living and the pleasure of semi-rural life in beautiful and well-kept neighborhoods.
2
2024
Q1 ARAPAHOE COUNTY
REAL ESTATE SNAPSHOT
JANUARY
JANUARY 2024 2023 CHANGE Closed Sales 273 286 -4.55% Closed Sales Volume $185,917,161 $197,560,237 -5.89% Average Sales Price $681,015 $690,770 -1.41% Highest Price Sold $4,000,000 $4,250,000 -5.88% Average Days on the Market 42 48 -12.50% JANUARY 2024 2023 CHANGE Closed Sales 153 160 -4.38% Closed Sales Volume $58,628,946 $61,102,419 -4.05% Average Sales Price $383,196 $381,890 +0.34% Highest Price Sold $1,134,000 $1,140,000 -0.53% Average Days on the Market 38 41 -7.32% DETACHED ATTACHED
4
FEBRUARY 2024 2023 CHANGE Closed Sales 421 425 -0.94% Closed Sales Volume $309,859,312 $290,747,794 +6.57% Average Sales Price $736,008 $684,112 +7.59% Highest Price Sold $8,800,000 $8,000,000 +10.00% Average Days on the Market 42 45 -6.67% FEBRUARY 2024 2023 CHANGE Closed Sales 207 181 +14.36% Closed Sales Volume $81,381,476 $69,808,157 +16.58% Average Sales Price $393,147 $385,680 +1.94% Highest Price Sold $1,250,000 $2,750,000 -54.55% Average Days on the Market 37 35 +5.71% DETACHED ATTACHED FEBRUARY MARCH 2024 2023 CHANGE Closed Sales 552 582 -5.15% Closed Sales Volume $417,354,343 $420,127,357 -0.66% Average Sales Price $756,077 $721,868 +4.74% Highest Price Sold $5,350,000 $7,300,000 -26.71% Average Days on the Market 36 43 -16.28% MARCH 2024 2023 CHANGE Closed Sales 243 291 -16.49% Closed Sales Volume $96,524,337 $111,019,496 -13.06% Average Sales Price $397,219 $381,510 +4.12% Highest Price Sold $1,910,000 $1,135,000 +68.28% Average Days on the Market 41 28 +46.43% DETACHED ATTACHED
5
MARCH
2024
Q2 ARAPAHOE COUNTY
REAL ESTATE SNAPSHOT
APRIL 2024 2023 CHANGE Closed Sales 551 513 +7.41% Closed Sales Volume $453,322,223 $355,291,483 +27.59% Average Sales Price $822,726 $692,023 +18.89% Highest Price Sold $8,500,000 $8,500,000 -Average Days on the Market 23 28 -17.86% APRIL 2024 2023 CHANGE Closed Sales 236 287 -17.77% Closed Sales Volume $90,781,052 $115,089,207 -21.12% Average Sales Price $384,665 $401,008 -4.08% Highest Price Sold $1,300,000 $1,650,000 -21.21% Average Days on the Market 26 21 +23.81% DETACHED ATTACHED
6
APRIL
MAY 2024 2023 CHANGE Closed Sales 612 603 +1.49% Closed Sales Volume $473,627,575 $477,933,124 -0.90% Average Sales Price $773,901 $792,592 -2.36% Highest Price Sold $6,750,000 $6,400,000 +5.47% Average Days on the Market 21 19 +10.53% MAY 2024 2023 CHANGE Closed Sales 270 331 -18.43% Closed Sales Volume $103,902,449 $129,502,516 -19.77% Average Sales Price $384,824 $391,246 -1.64% Highest Price Sold $835,000 $1,941,500 -56.99% Average Days on the Market 29 16 +81.25% DETACHED ATTACHED MAY WALK SCORE 0 BIKE SCORE 25 7
CHERRY CREEK
Denver’s premier shopping enclave for several decades, Cherry Creek is the place to live, work, shop, and play. This tiny neighborhood, once known as Harmon, for George Harmon who owned the 320-acre farm that originally occupied the site, offers the ultimate urban lifestyle in a lovely central location where quiet, tree-shaded streets, pocket parks, and trails beckon you to walk, jog, or bike, and nearby thoroughfares whisk you to all points of the metro area in mere minutes.
8
JANUARY
CHERRY CREEK
FEBRUARY
REAL ESTATE SNAPSHOT 2024
CHERRY CREEK
Q1
REAL ESTATE SNAPSHOT
Statistics JANUARY 2024 2023 CHANGE Closed Sales 7 2 +250.00% Closed Sales Volume $13,487,000 $945,000 +1327.20% Average Sales Price $1,926,714 $472,500 +307.77% Highest Price Sold $4,000,000 $480,000 +733.33% Average Days on the Market 38 38 -JANUARY 2024 2023 CHANGE Closed Sales 8 7 +14.29% Closed Sales Volume $16,850,000 $13,498,000 +24.83% Average Sales Price $2,106,250 $1,928,286 +9.23% Highest Price Sold $3,950,000 $4,250,000 -7.06% Average Days on the Market 76 20 +280.00% RESIDENTIAL SOLDS CONDO SOLDS
2024 January 2024
10
MARCH
FEBRUARY 2024 2023 CHANGE Closed Sales 9 7 +28.57% Closed Sales Volume $8,885,320 $4,230,000 +110.05% Average Sales Price $987,258 $604,286 +63.38% Highest Price Sold $3,775,000 $740,000 +410.14% Average Days on the Market 63 12 +425.00% FEBRUARY 2024 2023 CHANGE Closed Sales 7 7 -Closed Sales Volume $11,587,500 $11,567,761 +0.17% Average Sales Price $1,655,357 $1,652,537 +0.17% Highest Price Sold $2,350,000 $2,985,000 -21.27% Average Days on the Market 88 23 +282.61% RESIDENTIAL SOLDS CONDO SOLDS FEBRUARY MARCH 2024 2023 CHANGE Closed Sales 5 10 -50.00% Closed Sales Volume $4,883,000 $12,369,000 -60.52% Average Sales Price $976,600 $1,236,900 -21.04% Highest Price Sold $1,890,000 $4,300,000 -56.05% Average Days on the Market 28 30 -6.67% MARCH 2024 2023 CHANGE Closed Sales 12 15 -20.00% Closed Sales Volume $24,948,792 $42,438,000 -41.21% Average Sales Price $2,079,066 $2,829,200 -26.51% Highest Price Sold $3,695,000 $5,700,000 -35.18% Average Days on the Market 70 24 +191.67% RESIDENTIAL SOLDS CONDO SOLDS
11
Q2
CHERRY CREEK
REAL ESTATE SNAPSHOT 2024 APRIL CHERRY
REAL ESTATE
MAY 2024 April
APRIL 2024 2023 CHANGE Closed Sales 5 7 -28.57% Closed Sales Volume $4,458,000 $10,507,000 -57.57% Average Sales Price $891,600 $1,501,000 -40.60% Highest Price Sold $1,395,000 $6,000,000 -76.75% Average Days on the Market 42 53 -20.75% APRIL 2024 2023 CHANGE Closed Sales 11 10 +10.00% Closed Sales Volume $22,029,500 $22,287,581 -1.16% Average Sales Price $2,002,682 $2,228,758 -10.14% Highest Price Sold $3,500,000 $6,000,000 -41.67% Average Days on the Market 46 41 +12.20% RESIDENTIAL SOLDS CONDO SOLDS 12
CREEK
SNAPSHOT
2024 Statistics
MAY 2024 2023 CHANGE Closed Sales 11 15 -26.67% Closed Sales Volume $12,817,500 $14,578,000 -12.08% Average Sales Price $1,165,227 $971,867 +19.90% Highest Price Sold $2,200,000 $2,900,000 -24.14% Average Days on the Market 57 60 -5.00% MAY 2024 2023 CHANGE Closed Sales 8 7 +14.29% Closed Sales Volume $12,214,500 $13,630,000 -10.39% Average Sales Price $1,526,813 $1,947,143 -21.59% Highest Price Sold $2,200,000 $3,675,000 -40.14% Average Days on the Market 27 17 +58.82% RESIDENTIAL SOLDS CONDO SOLDS MAY 80 79 49 WALK SCORE BIKE SCORE TRANSIT SCORE 13
CITY OF DENVER
There is no place in America quite like the Mile High City. Denver’s enviable quality of life makes the city one of the most desirable places to live and work in the United States. With panoramic views of the majestic Rocky Mountains, more than 300 days of sunshine each year, and truly remarkable amenities, Denver consistently tops anyone’s list of great places to live. Denver appeals to everyone from the young in years to the young at heart.
14
Q1
JANUARY
CITY OF DENVER
FEBRUARY
CITY OF DENVER
REAL ESTATE SNAPSHOT 2024
ESTATE
REAL
SNAPSHOT
JANUARY 2024 2023 CHANGE Closed Sales 306 295 +3.73% Closed Sales Volume $241,938,631 $221,368,681 +9.29% Average Sales Price $790,649 $750,402 +5.36% Highest Price Sold $3,525,000 $4,250,000 -17.06% Average Days on the Market 47 46 +2.17% JANUARY 2024 2023 CHANGE Closed Sales 206 233 -11.59% Closed Sales Volume $117,108,808 $116,201,409 +0.78% Average Sales Price $568,489 $498,718 +13.99% Highest Price Sold $4,000,000 $3,200,000 +25.00% Average Days on the Market 59 42 +40.48% DETACHED ATTACHED
2024 January 2024 Statistics
16
MARCH
FEBRUARY 2024 2023 CHANGE Closed Sales 461 402 +14.68% Closed Sales Volume $383,831,810 $326,811,822 +17.45% Average Sales Price $832,607 $812,965 +2.42% Highest Price Sold $4,250,000 $5,150,000 -17.48% Average Days on the Market 40 42 -4.76% FEBRUARY 2024 2023 CHANGE Closed Sales 324 285 +13.68% Closed Sales Volume $167,139,990 $155,057,942 +7.79% Average Sales Price $515,864 $544,063 -5.18% Highest Price Sold $3,775,000 $2,985,000 +26.47% Average Days on the Market 56 44 +27.27% DETACHED ATTACHED FEBRUARY MARCH 2024 2023 CHANGE Closed Sales 569 544 +4.60% Closed Sales Volume $496,633,184 $460,329,134 +7.89% Average Sales Price $872,818 $846,193 +3.15% Highest Price Sold $5,985,000 $5,700,000 +5.00% Average Days on the Market 28 31 -9.68% MARCH 2024 2023 CHANGE Closed Sales 323 403 -19.85% Closed Sales Volume $176,971,016 $233,974,540 -24.36% Average Sales Price $547,898 $580,582 -5.63% Highest Price Sold $3,695,000 $4,300,000 -14.07% Average Days on the Market 41 31 +32.26% DETACHED ATTACHED
17
Q2
ESTATE SNAPSHOT 2024
CITY OF DENVER
CITY OF DENVER
REAL
REAL ESTATE SNAPSHOT MAY 2024 April 2024 Statistics APRIL 2024 2023 CHANGE Closed Sales 617 529 +16.64% Closed Sales Volume $580,610,957 $459,260,813 +26.42% Average Sales Price $941,023 $868,168 +8.39% Highest Price Sold $4,650,000 $6,250,000 -25.60% Average Days on the Market 24 21 +14.29% APRIL 2024 2023 CHANGE Closed Sales 383 398 -3.77% Closed Sales Volume $207,169,133 $211,261,735 -1.94% Average Sales Price $540,912 $530,808 +1.90% Highest Price Sold $3,000,000 $6,000,000 -50.00% Average Days on the Market 36 27 +33.33% DETACHED ATTACHED APRIL 18
MAY WALK SCORE BIKE SCORE 73 TRANSIT SCORE 47 61 MAY 2024 2023 CHANGE Closed Sales 678 590 +14.92% Closed Sales Volume $604,758,188 $529,039,388 +14.31% Average Sales Price $891,974 $896,677 -0.52% Highest Price Sold $5,250,000 $5,200,000 +0.96% Average Days on the Market 22 16 +37.50% MAY 2024 2023 CHANGE Closed Sales 379 473 -19.87% Closed Sales Volume $200,540,348 $267,045,733 -24.90% Average Sales Price $529,130 $564,579 -6.28% Highest Price Sold $5,300,000 $3,200,000 +65.63% Average Days on the Market 36 26 +38.46% DETACHED ATTACHED 19
DOUGLAS COUNTY
Douglas County is one of the fastest growing counties in the United States. Douglas County is located midway between Colorado’s two largest cities: Denver and Colorado Springs. Cherry Creek and Plum Creek rise in Douglas County and flow into the South Platte River. Three state parks fall within Douglas County: Castlewood Canyon State Park, Chatfield State Park and Roxborough State Park.
20
Q1
DOUGLAS COUNTY
FEBRUARY 2024
DOUGLAS COUNTY
REAL ESTATE SNAPSHOT
REAL ESTATE SNAPSHOT 2024
January 2024 Statistics JANUARY 2024 2023 CHANGE Closed Sales 281 260 +8.08% Closed Sales Volume $242,718,730 $203,333,501 +19.37% Average Sales Price $863,768 $782,052 +10.45% Highest Price Sold $3,325,000 $2,987,600 +11.29% Average Days on the Market 61 56 +8.93% JANUARY 2024 2023 CHANGE Closed Sales 67 54 +24.07% Closed Sales Volume $32,113,746 $25,645,007 +25.22% Average Sales Price $479,310 $474,908 +0.93% Highest Price Sold $845,000 $699,900 +20.73% Average Days on the Market 48 35 +37.14% DETACHED ATTACHED
22
JANUARY
MARCH
FEBRUARY 2024 2023 CHANGE Closed Sales 400 346 +15.61% Closed Sales Volume $326,576,165 $286,555,934 +13.97% Average Sales Price $816,440 $828,196 -1.42% Highest Price Sold $4,800,000 $4,200,000 +14.29% Average Days on the Market 51 53 -3.77% FEBRUARY 2024 2023 CHANGE Closed Sales 73 86 -15.12% Closed Sales Volume $38,278,166 $43,242,222 -11.48% Average Sales Price $524,358 $502,817 +4.28% Highest Price Sold $1,750,000 $1,106,067 +58.22% Average Days on the Market 60 58 +3.45% DETACHED ATTACHED FEBRUARY MARCH 2024 2023 CHANGE Closed Sales 468 512 -8.59% Closed Sales Volume $407,118,659 $428,446,937 -4.98% Average Sales Price $869,912 $836,810 +3.96% Highest Price Sold $5,170,000 $3,800,000 +36.05% Average Days on the Market 46 44 +4.55% MARCH 2024 2023 CHANGE Closed Sales 72 109 -33.94% Closed Sales Volume $37,455,727 $55,907,145 -33.00% Average Sales Price $520,218 $512,910 +1.42% Highest Price Sold $1,210,000 $1,330,000 -9.02% Average Days on the Market 38 51 -25.49% DETACHED ATTACHED
23
Q2 DOUGLAS COUNTY
DOUGLAS COUNTY
REAL
2024
REAL
MAY 2024 April 2024 Statistics APRIL 2024 2023 CHANGE Closed Sales 486 482 +0.83% Closed Sales Volume $439,578,928 $411,389,834 +6.85% Average Sales Price $904,483 $853,506 +5.97% Highest Price Sold $4,660,000 $5,100,000 -8.63% Average Days on the Market 32 37 -13.51% APRIL 2024 2023 CHANGE Closed Sales 93 107 -13.08% Closed Sales Volume $47,151,202 $54,866,737 -14.06% Average Sales Price $507,002 $512,773 -1.13% Highest Price Sold $970,000 $1,745,000 -44.41% Average Days on the Market 43 36 +19.44% DETACHED ATTACHED APRIL 24
ESTATE SNAPSHOT
ESTATE SNAPSHOT
MAY 2024 2023 CHANGE Closed Sales 577 527 +9.49% Closed Sales Volume $525,577,185 $448,151,332 +17.28% Average Sales Price $910,879 $850,382 +7.11% Highest Price Sold $5,585,150 $4,100,000 +36.22% Average Days on the Market 29 25 +16.00% MAY 2024 2023 CHANGE Closed Sales 85 110 -22.73% Closed Sales Volume $42,708,454 $58,480,094 -26.97% Average Sales Price $502,452 $531,637 -5.49% Highest Price Sold $1,300,000 $1,350,000 -3.70% Average Days on the Market 34 39 -12.82% DETACHED ATTACHED MAY WALK SCORE 0 BIKE SCORE 10 25
ERIE
Erie is a diverse community, offering a contemporary pace, close-knit neighborhoods and a small-town feel with a progressive vision. Town leaders are committed to maintaining a city that is a great place to live, work and play.
First settled by a man from Erie, Pennsylvania, the former Colorado coal town was named after the port city in northwestern Pennsylvania and has seen a recent surge in new families, homes and businesses with the construction of housing and commercial developments. Today, Erie has evolved out of its mining and agricultural roots, experiencing significant growth while maintaining a charming rural vibe.
26
Q1 ERIE
REAL ESTATE SNAPSHOT 2024
FEBRUARY 2024
ERIE
ESTATE SNAPSHOT
REAL
January 2024 Statistics JANUARY 2024 2023 CHANGE Closed Sales 58 25 +132.00% Closed Sales Volume $45,129,262 $19,284,684 +134.02% Average Sales Price $778,091 $771,387 +0.87% Highest Price Sold $2,242,000 $2,100,000 +6.76% Average Days on the Market 48 56 -14.29% JANUARY 2024 2023 CHANGE Closed Sales 10 7 +42.86% Closed Sales Volume $4,618,900 $3,457,000 +33.61% Average Sales Price $461,890 $493,857 -6.47% Highest Price Sold $625,000 $610,000 +2.46% Average Days on the Market 21 69 -69.57% DETACHED ATTACHED
28
JANUARY
MARCH
FEBRUARY 2024 2023 CHANGE Closed Sales 65 29 +124.14% Closed Sales Volume $52,226,167 $22,199,548 +135.26% Average Sales Price $803,479 $765,502 +4.96% Highest Price Sold $1,254,732 $1,200,000 +4.56% Average Days on the Market 49 43 +13.95% FEBRUARY 2024 2023 CHANGE Closed Sales 11 8 +37.50% Closed Sales Volume $5,149,900 $3,851,303 +33.72% Average Sales Price $468,173 $481,413 -2.75% Highest Price Sold $696,900 $652,140 +6.86% Average Days on the Market 70 59 +18.64% DETACHED ATTACHED FEBRUARY MARCH 2024 2023 CHANGE Closed Sales 64 46 +39.13% Closed Sales Volume $49,443,927 $35,811,432 +38.07% Average Sales Price $772,561 $778,509 -0.76% Highest Price Sold $1,836,014 $2,200,000 -16.54% Average Days on the Market 52 36 +44.44% MARCH 2024 2023 CHANGE Closed Sales 10 9 +11.11% Closed Sales Volume $4,622,900 $4,576,990 +1.00% Average Sales Price $462,290 $508,554 -9.10% Highest Price Sold $700,000 $627,500 +11.55% Average Days on the Market 46 79 -41.77% DETACHED ATTACHED
29
Q2 ERIE
REAL ESTATE SNAPSHOT 2024
REAL
MAY 2024 April 2024 Statistics APRIL 2024 2023 CHANGE Closed Sales 62 44 +40.91% Closed Sales Volume $49,819,329 $36,882,247 +35.08% Average Sales Price $803,538 $838,233 -4.14% Highest Price Sold $2,300,000 $1,815,000 +26.72% Average Days on the Market 36 38 -5.26% APRIL 2024 2023 CHANGE Closed Sales 6 11 -45.45% Closed Sales Volume $3,388,475 $5,668,990 -40.23% Average Sales Price $564,746 $515,363 +9.58% Highest Price Sold $718,575 $690,000 +4.14% Average Days on the Market 65 50 +30.00% DETACHED ATTACHED APRIL 30
ERIE
ESTATE SNAPSHOT
MAY 2024 2023 CHANGE Closed Sales 76 64 +18.75% Closed Sales Volume $62,318,623 $50,987,439 +22.22% Average Sales Price $819,982 $796,679 +2.93% Highest Price Sold $2,100,000 $1,822,000 +15.26% Average Days on the Market 29 34 -14.71% MAY 2024 2023 CHANGE Closed Sales 9 19 -52.63% Closed Sales Volume $4,512,200 $10,354,918 -56.42% Average Sales Price $501,356 $544,996 -8.01% Highest Price Sold $635,000 $735,000 -13.61% Average Days on the Market 63 44 +43.18% DETACHED ATTACHED MAY WALK SCORE 11 BIKE SCORE 44 31
THE VILLAGES
High quality living in Cherry Hills Village and Greenwood Village. The Villages are one of the most desirable communities in metro Denver to live, raise a family, start a career, retire, run a business, enjoy lunch with friends, or have a fabulous evening out. Whatever the occasion, you can expect a high quality experience with nothing less. Residents enjoy comfortable commutes to Denver International Airport.
32
Q1 THE VILLAGES
REAL ESTATE SNAPSHOT 2024 VILLAGES REAL ESTATE SNAPSHOT
2024 January 2024 Statistics JANUARY 2024 2023 CHANGE Closed Sales 6 9 -33.33% Closed Sales Volume $15,899,000 $25,635,000 -37.98% Average Sales Price $2,649,833 $2,848,333 -6.97% Highest Price Sold $4,000,000 $4,250,000 -5.88% Average Days on the Market 59 46 +28.26% JANUARY 2024 2023 CHANGE Closed Sales 0 0 Closed Sales Volume $0 $0 -Average Sales Price $0 $0 Highest Price Sold $0 $0 Average Days on the Market 0 0 RESIDENTIAL SOLDS LAND SOLDS JANUARY 34
FEBRUARY
FEBRUARY 2024 2023 CHANGE Closed Sales 14 13 +7.69% Closed Sales Volume $43,590,100 $46,466,500 -6.19% Average Sales Price $3,113,579 $3,574,346 -12.89% Highest Price Sold $8,800,000 $8,000,000 +10.00% Average Days on the Market 43 46 -6.52% FEBRUARY 2024 2023 CHANGE Closed Sales 1 1 Closed Sales Volume $3,850,000 $4,750,000 -18.95% Average Sales Price $3,850,000 $4,750,000 -18.95% Highest Price Sold $3,850,000 $4,750,000 -18.95% Average Days on the Market 8 3 +166.67% RESIDENTIAL SOLDS LAND SOLDS FEBRUARY MARCH 2024 2023 CHANGE Closed Sales 21 18 +16.67% Closed Sales Volume $53,475,940 $57,459,000 -6.93% Average Sales Price $2,546,473 $3,192,167 -20.23% Highest Price Sold $5,350,000 $7,300,000 -26.71% Average Days on the Market 56 15 +273.33% MARCH 2024 2023 CHANGE Closed Sales 0 1 -100.00% Closed Sales Volume $0 $2,695,000 -100.00% Average Sales Price $0 $2,695,000 -100.00% Highest Price Sold $0 $2,695,000 -100.00% Average Days on the Market 0 219 -100.00% RESIDENTIAL SOLDS LAND SOLDS
35
MARCH
Q2 THE VILLAGES
REAL ESTATE SNAPSHOT 2024 VILLAGES REAL ESTATE SNAPSHOT MAY 2024 April 2024 Statistics APRIL 2024 2023 CHANGE Closed Sales 31 10 +210.00% Closed Sales Volume $102,873,000 $29,655,000 +246.90% Average Sales Price $3,318,484 $2,965,500 +11.90% Highest Price Sold $8,500,000 $8,500,000 -Average Days on the Market 16 25 -36.00% APRIL 2024 2023 CHANGE Closed Sales 1 1 -Closed Sales Volume $4,050,000 $1,600,000 +153.13% Average Sales Price $4,050,000 $1,600,000 +153.13% Highest Price Sold $4,050,000 $1,600,000 +153.13% Average Days on the Market 2 0 +100.00% RESIDENTIAL SOLDS LAND SOLDS APRIL 36
MAY 2024 2023 CHANGE Closed Sales 25 23 +8.70% Closed Sales Volume $76,058,586 $71,562,000 +6.28% Average Sales Price $3,042,343 $3,111,391 -2.22% Highest Price Sold $6,750,000 $6,400,000 +5.47% Average Days on the Market 52 35 +48.57% MAY 2024 2023 CHANGE Closed Sales 2 0 -100.00% Closed Sales Volume $5,075,000 $0 -100.00% Average Sales Price $2,537,500 $0 -100.00% Highest Price Sold $4,025,000 $0 -100.00% Average Days on the Market 164 0 -100.00% RESIDENTIAL SOLDS LAND SOLDS MAY WALK SCORE 12 BIKE SCORE 45 37
DENVER METRO
Denver Metro is comprised of 11 counties - Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, and Park. Kentwood Real Estate represents listings across the front range, from the city setting in Denver to a more quite small town feel in Douglas, having something for everyone.
38
Q1 DENVER METRO
REAL ESTATE SNAPSHOT
JANUARY
2024
40
MARCH
FEBRUARY
41
Q2
DENVER METRO
REAL ESTATE SNAPSHOT
2024 APRIL 42 42
ATTACHED
MAY MAY PRIOR MONTH YEAR AGO PRIOR MONTH YEAR AGO Active Listings 9,159 6,990 5,228 +31.03% +75.19% Closed Sales 4,198 3,971 4,438 +5.72% -5.41% Closed Sales Volume $3,023,018,931 $2,880,875,838 $3,093,465,230 +4.93% -2.28% Average Sales Price $720,109 $725,479 $697,040 -0.74% +3.31% Average Days on the Market 27 30 22 -10.00% +22.73% RESIDENTIAL DETACHED
MAY PRIOR MONTH YEAR AGO PRIOR MONTH YEAR AGO Active Listings 6,352 4,719 3,720 +34.60% +70.75% Closed Sales 3,174 2,938 3,080 +8.03% +3.05% Closed Sales Volume $2,550,339,284 $2,392,108,814 $2,434,359,751 +6.61% +4.76% Average Sales Price $803,510 $814,196 $790,377 -1.31% +1.66% Average Days on the Market 25 29 21 -13.79% +19.05% DETACHED MAY PRIOR MONTH YEAR AGO PRIOR MONTH YEAR AGO Active Listings 2,807 2,271 1,508 +23.60% +86.14% Closed Sales 1,024 1,033 1,358 -0.87% -24.59% Closed Sales Volume $472,679,647 $488,767,024 $659,105,479 -3.29% -28.28% Average Sales Price $461,601 $473,153 $485,350 -2.44% -4.89% Average Days on the Market 31 35 24 -11.43% +29.17%
& ATTACHED
WALK SCORE 61 BIKE SCORE 73 TRANSIT SCORE 47 43
LUXURY
$1M+ Properties
Luxury listings are properties priced at or above $1,000,000. Our elite team of luxury RELATORS®, whose exceptional service, industry expertise and deep community roots establish a market advantage. Simply put, our brokers excel in the luxury market because we value integrity above all else. Our brokers are the most knowledgeable in the business at marketing luxury properties publicly and privately. We have highly placed connections throughout the community and internationally, to accomplish our clients’ goals.
44
Q1
REAL ESTATE SNAPSHOT 2024
LUXURY
$1,000,000+ PROPERTIES
LUXURY
$1,000,000+ PROPERTIES
REAL ESTATE SNAPSHOT
FEBRUARY 2024 January 2024 Statistics
JANUARY 2024 2023 CHANGE Closed Sales 6 8 -25.00% Closed Sales Volume $14,437,000 $9,138,603 +57.98% Average Sales Price $2,406,167 $1,142,325 +110.64% Highest Price Sold $4,000,000 $1,853,603 +115.80% Average Days on the Market 29 89 -67.42% JANUARY 2024 2023 CHANGE Closed Sales 169 162 +4.32% Closed Sales Volume $275,451,723 $258,478,898 +6.57% Average Sales Price $1,629,892 $1,595,549 +2.15% Highest Price Sold $4,000,000 $4,250,000 -5.88% Average Days on the Market 69 50 +38.00% RESIDENTIAL SOLDS CONDO SOLDS
JANUARY 46
FEBRUARY 2024 2023 CHANGE Closed Sales 9 7 +28.57% Closed Sales Volume $14,065,000 $10,907,500 +28.95% Average Sales Price $1,562,778 $1,558,214 +0.29% Highest Price Sold $3,775,000 $2,750,000 +37.27% Average Days on the Market 60 55 +9.09% FEBRUARY 2024 2023 CHANGE Closed Sales 249 210 +18.57% Closed Sales Volume $423,189,550 $368,432,114 +14.86% Average Sales Price $1,699,556 $1,754,439 -3.13% Highest Price Sold $8,800,000 $8,000,000 +10.00% Average Days on the Market 50 48 +4.17% RESIDENTIAL SOLDS CONDO SOLDS
MARCH 2024 2023 CHANGE Closed Sales 16 10 +60.00% Closed Sales Volume $23,935,350 $17,638,000 +35.70% Average Sales Price $1,495,959 $1,763,800 -15.19% Highest Price Sold $1,936,350 $4,300,000 -54.97% Average Days on the Market 74 48 +54.17% MARCH 2024 2023 CHANGE Closed Sales 377 342 +10.23% Closed Sales Volume $618,774,253 $580,288,605 +6.63% Average Sales Price $1,641,311 $1,696,750 -3.27% Highest Price Sold $5,985,000 $7,300,000 -18.01% Average Days on the Market 46 32 +43.75% RESIDENTIAL SOLDS CONDO SOLDS MARCH 47
FEBRUARY
Q2
REAL ESTATE SNAPSHOT 2024
LUXURY
REAL ESTATE SNAPSHOT MAY 2024 April 2024 Statistics
$1,000,000+ PROPERTIES
LUXURY
$1,000,000+ PROPERTIES
APRIL 2024 2023 CHANGE Closed Sales 13 14 -7.14% Closed Sales Volume $19,613,000 $25,409,250 -22.81% Average Sales Price $1,508,692 $1,814,946 -16.87% Highest Price Sold $3,000,000 $6,000,000 -50.00% Average Days on the Market 51 21 +142.86% APRIL 2024 2023 CHANGE Closed Sales 438 358 +22.35% Closed Sales Volume $754,444,591 $585,271,314 +28.91% Average Sales Price $1,722,476 $1,634,836 +5.36% Highest Price Sold $8,500,000 $8,500,000 -Average Days on the Market 33 31 +6.45% RESIDENTIAL SOLDS CONDO SOLDS
APRIL 48
MAY 2024 2023 CHANGE Closed Sales 15 25 -40.00% Closed Sales Volume $26,521,500 $39,726,500 -33.24% Average Sales Price $1,768,100 $1,589,060 +11.27% Highest Price Sold $5,300,000 $2,900,000 +82.76% Average Days on the Market 74 58 +27.59% MAY 2024 2023 CHANGE Closed Sales 509 424 +20.05% Closed Sales Volume $825,401,659 $702,651,797 +17.47% Average Sales Price $1,621,614 $1,657,198 -2.15% Highest Price Sold $6,750,000 $6,400,000 +5.47% Average Days on the Market 30 21 +42.86% RESIDENTIAL SOLDS CONDO SOLDS MAY 49
BERTHOUD
Berthoud offers residents a rural feel with historical, smalltown charm. Just south of Loveland and north of Longmont, Berthoud’s stunning scenery, strong school system and intimate vibe make this close-knit community of just over 6,000 people a warm, friendly community.
In the historic downtown business district, cute shops and friendly restaurants line the quiet streets, welcoming locals and visitors alike. Half-way between Fort Collins and Denver along the Front Range corridor, Berthoud has easy access to Denver International Airport, Rocky Mountain National Park, area ski resorts, Fort Collins and Boulder.
50
2024
Q1 BERTHOUD
REAL ESTATE SNAPSHOT
JANUARY
DETACHED
JANUARY 2024 2023 CHANGE Closed Sales 14 28 -50.00% Closed Sales Volume $9,155,470 $22,226,773 -58.81% Average Sales Price $653,962 $793,813 -17.62% Average Percent of Orig. List Price 98.3% 94.2% +4.35% Average Days on the Market 125 103 +21.36%
JANUARY 2024 2023 CHANGE Closed Sales 0 4 -100.00% Closed Sales Volume $0 $1,848,000 -100.00% Average Sales Price $0 $462,000 -100.00% Average Percent of Orig. List Price 0.0% 97.7% -100.00% Average Days on the Market 0 128 -100.00%
ATTACHED
52
Q1
MARCH
FEBRUARY 2024 2023 CHANGE Closed Sales 29 26 +11.54% Closed Sales Volume $19,975,452 $20,382,135 -2.00% Average Sales Price $688,809 $783,928 -12.13% Average Percent of Orig. List Price 97.6% 96.7% +0.93% Average Days on the Market 102 104 -1.92% DETACHED FEBRUARY 2024 2023 CHANGE Closed Sales 1 6 -83.33% Closed Sales Volume $464,990 $3,393,823 -86.30% Average Sales Price $464,990 $565,637 -17.79% Average Percent of Orig. List Price 98.3% 106.2% -7.44% Average Days on the Market 86 279 -69.18% ATTACHED FEBRUARY MARCH 2024 2023 CHANGE Closed Sales 24 33 -27.27% Closed Sales Volume $19,185,555 $25,443,207 -24.59% Average Sales Price $799,398 $771,006 +3.68% Average Percent of Orig. List Price 98.6% 98.2% +0.41% Average Days on the Market 102 88 +15.91% DETACHED MARCH 2024 2023 CHANGE Closed Sales 3 6 -50.00% Closed Sales Volume $1,200,000 $3,432,718 -65.04% Average Sales Price $400,000 $572,120 -30.08% Average Percent of Orig. List Price 99.5% 103.9% -4.23% Average Days on the Market 79 168 -52.98% ATTACHED
53
Q2
2024
BERTHOUD
REAL ESTATE SNAPSHOT
APRIL
APRIL 2024 2023 CHANGE Closed Sales 28 24 +16.67% Closed Sales Volume $22,225,049 $20,822,192 +6.74% Average Sales Price $793,752 $867,591 -8.51% Average Percent of Orig. List Price 99.2% 100.8% -1.59% Average Days on the Market 103 80 +28.75%
APRIL 2024 2023 CHANGE Closed Sales 4 6 -33.33% Closed Sales Volume $1,816,990 $3,465,900 -47.58% Average Sales Price $454,248 $577,650 -21.36% Average Percent of Orig. List Price 94.7% 98.7% -4.05% Average Days on the Market 139 112 +24.11% ATTACHED
DETACHED
54
MAY 2024 2023 CHANGE Closed Sales 45 30 +50.00% Closed Sales Volume $30,458,079 $22,827,005 +33.43% Average Sales Price $676,846 $760,900 -11.05% Average Percent of Orig. List Price 98.7% 97.9% +0.82% Average Days on the Market 69 58 +18.97%
MAY 2024 2023 CHANGE Closed Sales 4 3 +33.33% Closed Sales Volume $1,748,880 $1,476,000 +18.49% Average Sales Price $437,220 $492,000 -11.13% Average Percent of Orig. List Price 101.8% 98.4% +3.46% Average Days on the Market 22 71 -69.01%
MAY WALK SCORE 23 BIKE SCORE 30 55
DETACHED
ATTACHED
BOULDER
Boulder wins accolades and awards for its recreation, culture, health and overall quality of life on an annual basis. Often referred to as “25 square miles surrounded by reality,” Boulder is situated at the base of the foothills underneath the gorgeous Flatirons, and the community is rich in music, education, outdoor recreation, foodie and craft beer culture.
A lively community that emanates its own unique spirit, Boulder is also home to the University of Colorado’s main campus but offers so much more than the typical “college town.” Boulder brings something for everyone — from 300 days of sunshine to the lively historic downtown Pearl Street Mall and a wealth of dining, shopping and artistic outlets.
56
Q1 BOULDER
FEBRUARY 2024
REAL ESTATE SNAPSHOT 2024
BOULDER
REAL ESTATE SNAPSHOT
January 2024 Statistics
JANUARY
JANUARY 2024 2023 CHANGE Closed Sales 155 112 +38.39% Closed Sales Volume $161,174,051 $135,620,157 +18.84% Average Sales Price $1,039,833 $1,210,894 -14.13% Average Percent of Orig. List Price 94.4% 92.7% +1.83% Average Days on the Market 81 85 -4.71%
JANUARY 2024 2023 CHANGE Closed Sales 61 68 -10.29% Closed Sales Volume $30,536,052 $35,027,507 -12.82% Average Sales Price $500,591 $515,110 -2.82% Average Percent of Orig. List Price 96.0% 96.4% -0.41% Average Days on the Market 73 55 +32.73% ATTACHED 58
DETACHED
Q1
FEBRUARY 2024 2023 CHANGE Closed Sales 215 128 +67.97% Closed Sales Volume $232,913,413 $145,827,617 +59.72% Average Sales Price $1,083,318 $1,139,278 -4.91% Average Percent of Orig. List Price 96.9% 95.9% +1.04% Average Days on the Market 61 66 -7.58% DETACHED FEBRUARY 2024 2023 CHANGE Closed Sales 97 77 +25.97% Closed Sales Volume $52,581,238 $53,536,571 -1.78% Average Sales Price $542,075 $695,280 -22.04% Average Percent of Orig. List Price 97.0% 97.8% -0.82% Average Days on the Market 80 61 +31.15% ATTACHED FEBRUARY MARCH 2024 2023 CHANGE Closed Sales 252 222 +13.51% Closed Sales Volume $243,517,522 $254,956,576 -4.49% Average Sales Price $966,339 $1,148,453 -15.86% Average Percent of Orig. List Price 97.1% 98.1% -1.02% Average Days on the Market 60 53 +13.21% DETACHED MARCH 2024 2023 CHANGE Closed Sales 92 107 -14.02% Closed Sales Volume $57,014,487 $58,066,471 -1.81% Average Sales Price $619,723 $542,677 +14.20% Average Percent of Orig. List Price 98.2% 98.9% -0.71% Average Days on the Market 90 65 +38.46% ATTACHED
59
MARCH
Q2 BOULDER
REAL ESTATE SNAPSHOT 2024
BOULDER COUNTY
APRIL
MAY
April
APRIL 2024 2023 CHANGE Closed Sales 298 223 +33.63% Closed Sales Volume $330,448,568 $252,013,198 +31.12% Average Sales Price $1,108,888 $1,130,104 -1.88% Average Percent of Orig. List Price 97.5% 97.8% -0.31% Average Days on the Market 58 55 +5.45% DETACHED APRIL 2024 2023 CHANGE Closed Sales 121 111 +9.01% Closed Sales Volume $68,048,907 $62,298,374 +9.23% Average Sales Price $562,388 $561,247 +0.20% Average Percent of Orig. List Price 97.5% 99.4% -1.91% Average Days on the Market 76 42 +80.95% ATTACHED 60
REAL ESTATE SNAPSHOT
2024
2024 Statistics
MAY 2024 2023 CHANGE Closed Sales 330 277 +19.13% Closed Sales Volume $373,305,269 $307,209,040 +21.52% Average Sales Price $1,131,228 $1,112,757 +1.66% Average Percent of Orig. List Price 97.8% 98.6% -0.81% Average Days on the Market 51 48 +6.25% DETACHED MAY 2024 2023 CHANGE Closed Sales 136 138 -1.45% Closed Sales Volume $74,209,822 $77,078,753 -3.72% Average Sales Price $545,660 $557,588 -2.14% Average Percent of Orig. List Price 98.4% 100.1% -1.70% Average Days on the Market 50 41 +21.95% ATTACHED MAY WALK SCORE 57 BIKE SCORE 86 TRANSIT SCORE 49 61
FORT COLLINS
Nestled alongside the Cache La Poudre River at the foothills of the Rocky Mountains, Fort Collins delivers a truly “Colorado” lifestyle complete with recreational opportunities, an exceptional theater and live music scene and beloved local dining spots. Colorado’s fourth-largest city — and home to Colorado State University — Fort Collins offers the quality and culture that make it an attractive community in which to live.
Fort Collins is a recreation lover’s dream. This active, outdoorsy community enjoys fishing, hiking, camping, rock climbing, biking, horseback riding, and golf. Residents enjoy easy access to Rocky Mountain National Park, Roosevelt National Forest, Poudre Canyon, Lory State Park and Horsetooth Reservoir.
62
Q1 FORT COLLINS
FEBRUARY 2024
REAL ESTATE SNAPSHOT 2024 FORT COLLINS
REAL ESTATE SNAPSHOT
January 2024 Statistics
JANUARY
JANUARY 2024 2023 CHANGE Closed Sales 79 75 +5.33% Closed Sales Volume $63,712,071 $47,333,952 +34.60% Average Sales Price $806,482 $631,119 +27.79% Average Percent of Orig. List Price 96.4% 97.2% -0.82% Average Days on the Market 73 63 +15.87% DETACHED JANUARY 2024 2023 CHANGE Closed Sales 36 27 +33.33% Closed Sales Volume $13,310,464 $9,985,145 +33.30% Average Sales Price $369,735 $369,820 -0.02% Average Percent of Orig. List Price 97.9% 97.9% -Average Days on the Market 90 84 +7.14% ATTACHED
64
Q1
MARCH
FEBRUARY 2024 2023 CHANGE Closed Sales 107 91 +17.58% Closed Sales Volume $69,774,134 $62,155,989 +12.26% Average Sales Price $652,095 $683,033 -4.53% Average Percent of Orig. List Price 97.6% 96.8% +0.83% Average Days on the Market 72 69 +4.35% DETACHED FEBRUARY 2024 2023 CHANGE Closed Sales 34 40 -15.00% Closed Sales Volume $14,221,644 $15,808,639 -10.04% Average Sales Price $418,284 $395,216 +5.84% Average Percent of Orig. List Price 98.4% 98.5% -0.10% Average Days on the Market 91 116 -21.55% ATTACHED FEBRUARY MARCH 2024 2023 CHANGE Closed Sales 121 140 -13.57% Closed Sales Volume $82,661,287 $95,133,785 -13.11% Average Sales Price $683,151 $679,527 +0.53% Average Percent of Orig. List Price 98.4% 98.8% -0.40% Average Days on the Market 62 55 +12.73% DETACHED MARCH 2024 2023 CHANGE Closed Sales 53 45 +17.78% Closed Sales Volume $22,411,143 $17,510,985 +27.98% Average Sales Price $422,852 $389,133 +8.67% Average Percent of Orig. List Price 97.6% 99.3% -1.71% Average Days on the Market 91 73 +24.66% ATTACHED
65
Q2 FORT COLLINS
COLLINS
APRIL 2024 2023 CHANGE Closed Sales 158 130 +21.54% Closed Sales Volume $116,650,185 $87,673,142 +33.05% Average Sales Price $738,292 $674,409 +9.47% Average Percent of Orig. List Price 99.8% 99.5% +0.30% Average Days on the Market 46 49 -6.12% DETACHED APRIL 2024 2023 CHANGE Closed Sales 69 52 +32.69% Closed Sales Volume $28,094,555 $22,329,136 +25.82% Average Sales Price $407,167 $429,406 -5.18% Average Percent of Orig. List Price 98.5% 101.2% -2.67% Average Days on the Market 80 84 -4.76% ATTACHED
66
REAL ESTATE SNAPSHOT 2024 FORT
REAL ESTATE SNAPSHOT MAY 2024 April 2024 Statistics
APRIL
MAY 2024 2023 CHANGE Closed Sales 183 174 +5.17% Closed Sales Volume $140,703,294 $127,371,328 +10.47% Average Sales Price $768,870 $732,019 +5.03% Average Percent of Orig. List Price 99.7% 100.7% -0.99% Average Days on the Market 44 40 +10.00% DETACHED MAY 2024 2023 CHANGE Closed Sales 67 82 -18.29% Closed Sales Volume $27,536,038 $35,451,860 -22.33% Average Sales Price $410,986 $432,340 -4.94% Average Percent of Orig. List Price 98.1% 99.9% -1.80% Average Days on the Market 54 51 +5.88%
MAY WALK SCORE 58 BIKE SCORE 97 TRANSIT SCORE 41 67
ATTACHED
LOVELAND
Situated just south of Fort Collins and north of Longmont, Loveland rests along the northern Front Range, just east of the mouth of Big Thompson River Canyon.
Affectionately known as “Colorado’s Sweetheart City,” Loveland boasts an active, rich art scene and engaging, educational culture. Famous for its Valentine’s Day love stamp program, Loveland’s bronze foundries, numerous galleries and local art scene are equally attractive to art lovers and local artists alike. Year-round events, such as the Loveland Fire & Ice Festival and Sculpture in the Park, as well as several fairs and exhibits, contribute to the city’s unmatched reputation for cultural appreciation.
68
Q1 LOVELAND
FEBRUARY 2024
REAL ESTATE SNAPSHOT 2024 LOVELAND
REAL ESTATE SNAPSHOT
January 2024 Statistics
JANUARY
JANUARY 2024 2023 CHANGE Closed Sales 71 68 +4.41% Closed Sales Volume $37,517,659 $54,459,243 -31.11% Average Sales Price $528,418 $800,871 -34.02% Average Percent of Orig. List Price 97.9% 94.6% +3.49% Average Days on the Market 60 70 -14.29% DETACHED JANUARY 2024 2023 CHANGE Closed Sales 11 18 -38.89% Closed Sales Volume $4,228,795 $7,231,406 -41.52% Average Sales Price $384,436 $401,745 -4.31% Average Percent of Orig. List Price 96.9% 101.8% -4.81% Average Days on the Market 63 236 -73.31% ATTACHED
70
Q1
MARCH
FEBRUARY 2024 2023 CHANGE Closed Sales 71 85 -16.47% Closed Sales Volume $42,870,393 $47,751,940 -10.22% Average Sales Price $603,808 $561,846 +7.47% Average Percent of Orig. List Price 96.0% 96.5% -0.52% Average Days on the Market 76 76 -DETACHED FEBRUARY 2024 2023 CHANGE Closed Sales 14 19 -26.32% Closed Sales Volume $5,805,724 $7,802,790 -25.59% Average Sales Price $414,695 $410,673 +0.98% Average Percent of Orig. List Price 99.2% 101.9% -2.65% Average Days on the Market 107 177 -39.55% ATTACHED FEBRUARY MARCH 2024 2023 CHANGE Closed Sales 96 105 -8.57% Closed Sales Volume $68,986,082 $61,861,587 +11.52% Average Sales Price $718,605 $583,600 +23.13% Average Percent of Orig. List Price 98.7% 99.0% -0.30% Average Days on the Market 64 58 +10.34% DETACHED MARCH 2024 2023 CHANGE Closed Sales 22 29 -24.14% Closed Sales Volume $8,830,131 $11,286,690 -21.77% Average Sales Price $401,370 $389,196 +3.13% Average Percent of Orig. List Price 99.0% 100.2% -1.20% Average Days on the Market 96 160 -40.00% ATTACHED
71
Q2 LOVELAND
REAL
MAY 2024 April 2024 Statistics APRIL 2024 2023 CHANGE Closed Sales 88 99 -11.11% Closed Sales Volume $54,270,677 $64,078,878 -15.31% Average Sales Price $616,712 $647,261 -4.72% Average Percent of Orig. List Price 98.7% 98.4% +0.30% Average Days on the Market 49 55 -10.91% DETACHED APRIL 2024 2023 CHANGE Closed Sales 31 27 +14.81% Closed Sales Volume $13,400,291 $11,218,045 +19.45% Average Sales Price $432,267 $415,483 +4.04% Average Percent of Orig. List Price 98.6% 101.5% -2.86% Average Days on the Market 118 147 -19.73% ATTACHED
72
REAL ESTATE SNAPSHOT 2024 LOVELAND
ESTATE SNAPSHOT
APRIL
MAY 2024 2023 CHANGE Closed Sales 100 126 -20.63% Closed Sales Volume $65,283,741 $71,382,481 -8.54% Average Sales Price $652,837 $566,528 +15.23% Average Percent of Orig. List Price 98.9% 98.9% -Average Days on the Market 57 44 +29.55% DETACHED MAY 2024 2023 CHANGE Closed Sales 28 34 -17.65% Closed Sales Volume $11,844,607 $14,829,194 -20.13% Average Sales Price $423,022 $436,153 -3.01% Average Percent of Orig. List Price 98.8% 100.5% -1.69% Average Days on the Market 93 45 +106.67% ATTACHED MAY WALK SCORE 35 BIKE SCORE 45 73
TIMNATH
As part of the greater Fort Collins area, Timnath, boasts a remarkable quality of life in an idyllic rural setting featuring high-quality amenities — precisely why the once agricultural town has been featured as one of the best places to live in Money, Forbes and Time magazines.
Timnath residents are privy to beautiful mountain views, immaculate open space, access to trails, such as the Poudre River Trail and the Town of Timnath systems, and fishing and boating opportunities at Timnath and Fossil Creek Reservoirs. Horsetooth Mountain Open Space and Reservoir is just to the west, and hikers delight in Timnath’s close proximity to Poudre Canyon.
74
Q1 TIMNATH
FEBRUARY 2024
REAL ESTATE SNAPSHOT 2024
TIMNATH
REAL ESTATE SNAPSHOT
January 2024 Statistics
JANUARY
JANUARY 2024 2023 CHANGE Closed Sales 8 8 -Closed Sales Volume $6,909,000 $9,580,691 -27.89% Average Sales Price $863,625 $1,197,586 -27.89% Average Percent of Orig. List Price 96.2% 97.9% -1.74% Average Days on the Market 41 97 -57.73% DETACHED JANUARY 2024 2023 CHANGE Closed Sales 3 2 +50.00% Closed Sales Volume $1,733,238 $968,923 +78.88% Average Sales Price $577,746 $484,462 +19.26% Average Percent of Orig. List Price 94.5% 102.0% -7.35% Average Days on the Market 105 182 -42.31% ATTACHED 76
Q1
MARCH
FEBRUARY 2024 2023 CHANGE Closed Sales 16 12 +33.33% Closed Sales Volume $11,793,720 $9,062,245 +30.14% Average Sales Price $737,108 $755,187 -2.39% Average Percent of Orig. List Price 95.6% 96.0% -0.42% Average Days on the Market 46 67 -31.34% DETACHED FEBRUARY 2024 2023 CHANGE Closed Sales 11 6 +83.33% Closed Sales Volume $4,742,234 $3,362,499 +41.03% Average Sales Price $431,112 $560,417 -23.07% Average Percent of Orig. List Price 94.0% 98.6% -4.67% Average Days on the Market 56 68 -17.65% ATTACHED FEBRUARY MARCH 2024 2023 CHANGE Closed Sales 24 16 +50.00% Closed Sales Volume $18,575,180 $12,785,648 +45.28% Average Sales Price $773,966 $799,103 -3.15% Average Percent of Orig. List Price 96.5% 96.2% +0.31% Average Days on the Market 83 84 -1.19% DETACHED MARCH 2024 2023 CHANGE Closed Sales 6 2 +200.00% Closed Sales Volume $2,552,435 $999,998 +155.24% Average Sales Price $425,406 $499,999 -14.92% Average Percent of Orig. List Price 94.8% 90.7% +4.52% Average Days on the Market 67 260 -74.23% ATTACHED
77
Q2 TIMNATH
REAL ESTATE SNAPSHOT 2024
APRIL
REAL
MAY 2024 April 2024 Statistics APRIL 2024 2023 CHANGE Closed Sales 33 19 +73.68% Closed Sales Volume $25,124,011 $17,758,498 +41.48% Average Sales Price $761,334 $934,658 -18.54% Average Percent of Orig. List Price 97.4% 95.8% +1.67% Average Days on the Market 49 99 -50.51% DETACHED APRIL 2024 2023 CHANGE Closed Sales 8 4 +100.00% Closed Sales Volume $3,597,286 $1,828,115 +96.78% Average Sales Price $449,661 $457,029 -1.61% Average Percent of Orig. List Price 95.9% 97.8% -1.94% Average Days on the Market 46 89 -48.31% ATTACHED 78
TIMNATH
ESTATE SNAPSHOT
MAY 2024 2023 CHANGE Closed Sales 25 23 +8.70% Closed Sales Volume $21,749,383 $22,180,129 -1.94% Average Sales Price $869,975 $964,353 -9.79% Average Percent of Orig. List Price 95.1% 97.8% -2.76% Average Days on the Market 60 78 -23.08% DETACHED MAY 2024 2023 CHANGE Closed Sales 11 6 +83.33% Closed Sales Volume $5,919,708 $5,676,193 +4.29% Average Sales Price $538,155 $946,032 -43.11% Average Percent of Orig. List Price 97.8% 101.2% -3.36% Average Days on the Market 58 167 -65.27% ATTACHED MAY WALK SCORE 18 BIKE SCORE 58 79
WINDSOR
Like many northern Colorado communities, the town of Windsor was heavily shaped by the agricultural climate in the late 1800s. Today, Windsor is one of the state’s fastestgrowing communities, and with that growth comes awardwinning restaurants, thriving new industries and a growing housing market.
Nestled between Fort Collins, Greeley and Loveland and surrounded by rural communities, Windsor is a low-key town with pristine views that offers access to the hustle and bustle of the larger northern Colorado communities nearby. The town’s quiet downtown — adjacent to Windsor Lake — features a few modern boutiques and several great dining options, including Toast Coffee & Wine Bar, Windsor Mill Tavern, and Chimney Park.
80
Q1 WINDSOR
FEBRUARY 2024
REAL ESTATE SNAPSHOT 2024
JANUARY WINDSOR
REAL ESTATE SNAPSHOT
January 2024 Statistics
JANUARY 2024 2023 CHANGE Closed Sales 28 25 +12.00% Closed Sales Volume $19,290,160 $16,827,287 +14.64% Average Sales Price $688,934 $673,091 +2.35% Average Percent of Orig. List Price 97.3% 98.1% -0.82% Average Days on the Market 101 87 +16.09% DETACHED JANUARY 2024 2023 CHANGE Closed Sales 5 3 +66.67% Closed Sales Volume $2,241,953 $1,234,930 +81.54% Average Sales Price $448,391 $411,643 +8.93% Average Percent of Orig. List Price 95.1% 90.8% +4.74% Average Days on the Market 100 143 -30.07% ATTACHED 82
MARCH
FEBRUARY 2024 2023 CHANGE Closed Sales 53 83 -36.14% Closed Sales Volume $37,738,025 $48,213,967 -21.73% Average Sales Price $712,038 $580,891 +22.58% Average Percent of Orig. List Price 97.5% 101.8% -4.22% Average Days on the Market 86 201 -57.21% DETACHED FEBRUARY 2024 2023 CHANGE Closed Sales 8 7 +14.29% Closed Sales Volume $3,230,971 $3,377,154 -4.33% Average Sales Price $403,871 $482,451 -16.29% Average Percent of Orig. List Price 97.4% 103.3% -5.71% Average Days on the Market 79 255 -69.02% ATTACHED FEBRUARY MARCH 2024 2023 CHANGE Closed Sales 66 77 -14.29% Closed Sales Volume $46,602,035 $49,072,104 -5.03% Average Sales Price $706,091 $637,300 +10.79% Average Percent of Orig. List Price 98.8% 97.3% +1.54% Average Days on the Market 63 105 -40.00% DETACHED MARCH 2024 2023 CHANGE Closed Sales 5 10 -50.00% Closed Sales Volume $2,124,720 $4,394,085 -51.65% Average Sales Price $424,944 $439,409 -3.29% Average Percent of Orig. List Price 98.6% 98.3% +0.31% Average Days on the Market 187 143 +30.77% ATTACHED
83
Q2 WINDSOR
ESTATE SNAPSHOT
APRIL 2024 2023 CHANGE Closed Sales 87 82 +6.10% Closed Sales Volume $64,788,821 $50,712,513 +27.76% Average Sales Price $744,699 $618,445 +20.41% Average Percent of Orig. List Price 98.0% 97.0% +1.03% Average Days on the Market 80 79 +1.27% DETACHED APRIL 2024 2023 CHANGE Closed Sales 8 14 -42.86% Closed Sales Volume $2,887,392 $6,951,804 -58.47% Average Sales Price $360,924 $496,557 -27.31% Average Percent of Orig. List Price 97.5% 100.2% -2.69% Average Days on the Market 83 117 -29.06% ATTACHED 84
REAL
2024 APRIL WINDSOR REAL ESTATE SNAPSHOT MAY 2024 April 2024 Statistics
MAY 2024 2023 CHANGE Closed Sales 83 102 -18.63% Closed Sales Volume $55,958,773 $63,403,513 -11.74% Average Sales Price $674,202 $621,603 +8.46% Average Percent of Orig. List Price 99.1% 97.5% +1.64% Average Days on the Market 63 79 -20.25% DETACHED MAY 2024 2023 CHANGE Closed Sales 15 10 +50.00% Closed Sales Volume $6,473,439 $4,560,617 +41.94% Average Sales Price $431,563 $456,062 -5.37% Average Percent of Orig. List Price 98.0% 98.7% -0.71% Average Days on the Market 96 52 +84.62%
MAY WALK SCORE 24 BIKE SCORE 40 85
ATTACHED
86 COLORADO’S PREMIER REAL ESTATE COMPANY Kentwood.com Based on information from Denver Metro Association of Realtors, REcolorado®, Inc. and Fort Collins Board of Realtors. Not all properties were listed and/or sold by Kentwood Real Estate. These sources do not guarantee nor are in any way responsible for the accuracy therein. Content maintained by these sources may not reflect all real estate activity in the market. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kentwood Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
