DMAR Real Estate Market Trends Reports

DMAR Inventory

Active Inventory and Sales - March 2021

“how much competition there is for buyers as well as how far they are willing to take their offers to secure a home...Year-over-year appreciation is at 15.26 percent from $511,511 to $589,587 this March”

DMAR Inventory

Active Inventory and Sales - February 2021

“underlying theme of this market is speed: speed at which buyers are purchasing relative to the number of sellers listing, and the speed at which active properties are going under contract while prices are accelerating. ”

DMAR Inventory

Active Inventory and Sales - January 2021

“Single-family detached properties hit a record average price of $629,159...Single-family home sellers saw a 101.03 percent close-to-list-price in January and a drop to five days in the MLS”

DMAR Inventory

Active Inventory and Sales - December 2020

“Denver ended the year with 39.17 percent less inventory than December 2019 with only 1,316 houses on the market.”

DMAR Inventory

Active Inventory and Sales - November 2020

“In November, the Greater Denver Metro housing market continued to boost all-time records, with median days in MLS for detached single-family homes at a very speedy five days”

DMAR Inventory

Active Inventory and Sales - October 2020

“There was a record-high for average sales price for single-family detached properties at $625,100 and a record-low of months of inventory”

DMAR Inventory

Active Inventory and Sales - September 2020

“Prices up slightly. Median DoM was 6.”

DMAR Inventory

Active Inventory and Sales - August 2020

“Single-family homes priced between $500,000 and $749,999 had only 0.66 months of inventory. That’s an extreme seller’s market where demand outpaces supply.”

DMAR Inventory

Active Inventory and Sales - July 2020

“We predicted the record closings, but I don't know anyone who predicted prices would jump up so much in one month.”

DMAR Inventory

Active Inventory and Sales - June 2020

“In June, a record number of homes, 7,676, shifted into a pending sale status AND average prices bounced back up to $509,736, the second-highest average price for residential real estate in Denver.”

DMAR Inventory

Active Inventory and Sales - May 2020

“As stay-at-home restrictions stemming from the coronavirus loosened on May 9 and businesses began phased openings in May, metro Denver had a surge of new listings hit the housing market, ”

  • Read the complete report for May 2020.
DMAR Inventory

Active Inventory and Sales - April 2020

“Withdrawn listings increased 53 percent in April from the same month in 2019, likely impacted by sellers not wanting buyers in their homes because of fears of the spreading COVID-19”

DMAR Inventory

Active Inventory and Sales - March 2020

“There were an unprecedented 761 home sellers that withdrew their homes from the metro-Denver real estate market in March.”

DMAR Inventory

Active Inventory and Sales - February 2020

“While the stock market struggled with fears of the spreading coronavirus, real estate stayed strong.”

DMAR Inventory

Active Inventory and Sales - January 2020

“The average single-family home price was down from its summer highs, but higher year over year by 6.86 percent to $532,494.”

DMAR Inventory

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.”

DMAR Inventory

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.”

DMAR Inventory

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”

DMAR Inventory

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.”

DMAR Inventory

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.”

DMAR Inventory

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”

DMAR Inventory

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”

DMAR Inventory

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.
DMAR Inventory

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”

DMAR Inventory

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”

DMAR Inventory

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”

DMAR Inventory

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”

Previous Years: 2019, 2018, 2017