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DEN | How's The Market | May 2022

Page 1

How's The Market in Denver?


DENVER MARKET STATS | Residential Only (ReColorado) 2021 vs 2022 (Month of May)

2021 :: 6,327

2021 :: $4.04B

2021 :: 104.3%

2022 :: 6,224

2022 :: $4.56B

2022 :: 104%

-2%

Closed Transactions

13%

Sold Dollar Volume

Sale/List Price

2021 :: $650K

2021 :: $282

2021 :: 12

2022 :: $772K

2022 :: $330

2022 :: 9

Average Sales Price

+19%

-.03%

+17%

Average Price/ Sq.Ft

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

Average Days on Market

-25%


DENVER MARKET STATS | Residential Only (ReColorado) 2021 vs 2022 (YTD - 1/1 through 5/31)

2021 :: 26,353

2021 :: $16.2B

2021 :: 102.1%

2022 :: 24,438

2022 :: $17.3B

2022 :: 104%

-7%

Closed Transactions

+7%

Sold Dollar Volume

Sale/List Price

2021 :: $611K

2021 :: $271

2021 :: 19

2022 :: $705K

2022 :: $323

2022 :: 12

Average Sales Price

+15%

+1.9%

+19%

Average Price/ Sq.Ft

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

Average Days on Market

-37%


DENVER TOTAL ACTIVE INVENTORY | Residential & Land (ReColorado) As of June 1st of each year

5 - Year Comparison

16,000

14,000

12,000

10,000

8,000

6,000

4,000

+3% 2021>2022

2,000

0

9,403 7,574 1,829 2018

15,243 13,212 2,031 2019

13,085 11,268 1,817 2020 Total

Residential

Land

5,372 4,398 2021

974

5,512 4,463 1,049 2022


DENVER NEW LISTINGS VS PENDING SALES | Residential (ReColorado)

8,000 7,500 7,000 6,500 6,000 5,500 5,000 4,500 4,000 3,500 Jan 22

Feb 22

Mar 22 New Listing

Pending

Apr 22

May 22


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DEN | How's The Market | May 2022 by Slifer Smith & Frampton Real Estate - Issuu