FRONT RANGE | How's The Market | April 2024

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THE MARKET

HOW'S
Front Range | April 2024

FRONT RANGE MARKET STATS

Residential Only (MLS) | 2023 vs 2024 (Month of April)

Closed
2023::4,310 2024::4,381 1.6% Sold
2024::$3.26B
2024::$745K 2023::29 2024::31 2023::$310 2024::$317 Sale/List Price 2023::100% 2024::100% 8.7% 0% 6.9% Average Sales Price 2.3% Average Price/ Sq.Ft 6.9% Average Days on Market
Transactions
Dollar Volume 2023::$3.00B
2023::$697K
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park

FRONT RANGE MARKET STATS

Residential Only (MLS) | 2023 vs 2024 (YTD - 1/1 through 4/30)

Transactions

2023::14,273 2024::14,254 0.1% Sold Dollar Volume 2023::$9.69B 2024::$10.15B 2023::$679K 2024::$712K 2023::39 2024::41 2023::$303 2024::$313 Sale/List Price 2023::98.6% 2024::98.9% 4.7% .3% 4.9% Average Sales Price 3.3% Average Price/ Sq.Ft 5.1% Average Days on Market
Closed
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park

FRONT RANGE TOTAL ACTIVE INVENTORY

Residential & Land (MLS) | For April of each year

10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 2020 2021 2022 2023 2024 9,784 8,147 1,637 5,572 4,601 971 6,157 5,136 1,021 8,459 6,940 1,519 9,967 8,397 1,570 Total Residential Land 5-Year Comparison 21% 2023>2024 Residential Only
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park

FRONT RANGE NEW LISTINGS VS PENDING SALES

Residential

& Land (MLS)

1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 5,500 6,000 6,500 7,000 7,500

Listing Pending

Apr 23 May 23 Jun 23 Jul 23 Aug 23 Sep 23 Oct 23 Nov 23 Dec 23 Jan 24 Feb 24 Mar 24 Apr 24
New Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park
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