Denver, CO 80212-2251
DMAR Real Estate Market Trends Reports - 2019
Active Inventory and Sales - December 2019
“considering the average rate of home sales, it would take only 1.13 months to sell all single-family homes and 1.37 months to sell all condos in the Denver area....We have started 2020 with sellers firmly in control.”
- Read the complete report for December 2019.
Active Inventory and Sales - November 2019
“While homes may be on the market longer, and the close-to-list-price ratio was down to 98.80% month over month and 99.23% year to date, this is still not a market for low-ball offers.”
- Read the complete report for November 2019.
Active Inventory and Sales - October 2019
“Notably, in October, the average sold price of a single-family home was $533,483, up 1.96 percent year over year”
- Read the complete report for October 2019.
Active Inventory and Sales - September 2019
“There have been changes, but we have not shifted to a buyer’s market. Let me repeat that. We have not shifted to a buyer’s market. Sellers still hold the upper hand.”
- Read the complete report for September 2019.
Active Inventory and Sales - August 2019
“In 2019, buyers and sellers are not having the same experience their neighbors did last year. In the first half of 2018, sellers were taking offers over the weekend and selecting the best one in the stack on Monday. This year, sellers are making price adjustments as they try and find the right price point to entice buyers to make an offer.”
- Read the complete report for August 2019.
Active Inventory and Sales - July 2019
“The real estate scene in Denver hasn't fully transitioned into a buyer's market, but it's shifting in that direction as indicated by how many more concessions metro-area sellers are willing to grant now compared to the recent past”
- Read the complete report for July 2019.
Active Inventory and Sales - June 2019
“ In some price points and areas, the market is still very strong for sellers. In others, buyers are gaining the advantage”
- Read the complete report for June 2019.
Active Inventory and Sales - May 2019
“Year to date, homes were taking an average 32 days to sell compared to 26 last year.”
- Read the complete report for May 2019.
Active Inventory and Sales - April 2019
“In April, the average single-family sold home price in metro Denver hit a record high of $553,371”
- Read the complete report for April 2019.
Active Inventory and Sales - March 2019
“While buyers are starting to push back on sellers’ list prices, they still have to put their best foot forward because, comparatively speaking, there’s not a lot of inventory to choose from”
- Read the complete report for March 2019.
Active Inventory and Sales - February 2019
“more single-family homes went under contract in February than came on the market, meaning the inventory surplus is eroding”
- Read the complete report for February 2019.
Active Inventory and Sales - January 2019
“Buyers should be doing a happy dance because they finally have some choices. Even though the Denver metro area is still a seller's market in most price ranges”
- Read the complete report for January 2019.