FRONT RANGE | How's The Market | February 2024

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Front Range | February 2024
HOW'S THE MARKET

FRONT RANGE MARKET STATS

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

Closed Transactions 2023::3,150 2024::3,384 7.4% Sold Dollar Volume 2023::$2.11B 2024::$2.35B 2023::$670K 2024::$695K 2023::48 2024::47 2023::$299 2024::$313 Sale/List Price 2023::99.8% 2024::100% 11.5% .2% 3.8% Average Sales Price 4.7% Average Price/ Sq.Ft 2.1% Average Days on Market Counties: Adams, Arapahoe,
Broomfield,
Boulder,
Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park

FRONT RANGE MARKET STATS

Residential Only (MLS) | 2023 vs 2024 (YTD - 1/1 through 2/29)

Closed Transactions

2023::5,531

2024::5,793

2023::$3.65B

2024::$3.97B

4.7% Sold Dollar Volume
2023::47
2023::$296
Sale/List Price
8.9% .8% 4% Average Sales Price 4.1% Average Price/ Sq.Ft 4.3% Average Days on Market
2023::$660K 2024::$686K
2024::49
2024::$308
2023::99.2% 2024::100%
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park

FRONT RANGE TOTAL ACTIVE INVENTORY

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

Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park

8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 2020 2021 2022 2023 2024 7,630 6,033 1,597 5,077 4,007 1,070 3,835 2,952 883 7,250 5,890 1,360 7,947 6,436 1,511 Total Residential Land 5-Year Comparison 9.3% 2023>2024
Residential Only
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 Feb 23 Mar 23 Apr 23 May 23 Jun 23 Jul 23 Aug 23 Sep 23 Oct 23 Nov 23 Dec 23 Jan 24 Feb 24 NewListing Pending
FRONT RANGE NEW LISTINGS VS PENDING SALES
Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, Park
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