DMAR Real Estate Market Trends Report

DMAR Inventory

Active Inventory and Sales - August 2018

“In the single-family home market, the average sold price decreased 0.38 percent month over month to $525,346, while the median price decreased 1.11 percent to $445,000.”

DMAR Inventory

Active Inventory and Sales - July 2018

“ Over the last few weeks, many local agents have expressed concerns that overall buyer activity has slowed considerably. Is this normal seasonality, or a sign of a real cooling trend?”

DMAR Inventory

Active Inventory and Sales - June 2018

“Months of inventory increased to 1.43 months for single-family homes compared to 1.28 months last month,”

DMAR Inventory

Active Inventory and Sales - May 2018

“Homebuyer demand remained strong with the average days on market at 18, which ties a record low for any month. Additionally, once again, the average single-family home price in metro-Denver continues to set new records, reaching $540,624”

DMAR Inventory

Active Inventory and Sales - April 2018

“The average and median single-family home prices in metro-Denver both continue to set new record highs, reaching $543,058 and $455,000 respectively.”

  • Read the complete report for May 2018.
DMAR Inventory

Active Inventory and Sales - March 2018

“The anticipated cooling effect of unaffordability has yet to materialize in the figures.”

DMAR Inventory

Active Inventory and Sales - February 2018

“The year-to-date average sold price hit $496,764 for the single-family home market, up 10.85 percent from last year, with the median sold price at $425,000 and up 10.10 percent year over year.”

DMAR Inventory

Active Inventory and Sales - January 2018

“Home prices continue upward trajectory and housing inventory hits new low for any January on record, setting the stage for another active year in the Denver-area.”

DMAR Inventory

Active Inventory and Sales - December 2017

“while demand was strong, inventory remained tight. Active listings were at 3,854 total units at the close of December, establishing a new all-time low for any month.”

DMAR Inventory

Active Inventory and Sales - November 2017

“In November compared to the month prior, the number of active listings, new listings, average and median sales prices, and number of homes under contract or sold were all down.”

DMAR Inventory

Active Inventory and Sales - October 2017

“Agents report that things have been quieter, but not less competitive, in some price ranges and areas”

DMAR Inventory

Active Inventory and Sales - September 2017

“According to a sampling of DMAR members, showings are slowing down and home sellers are reducing home prices in order to get more traction. ”

DMAR Inventory

Active Inventory and Sales - August 2017

“The number of listings that sold decreased 5.79 percent compared to the previous month. Notably, the decrease in sold listings is close to a 10-year season decrease of 4.3 percent.”

DMAR Inventory

Active Inventory and Sales - July 2017

“For the single-family home market, the average sold price increased 1.89 percent to $496,382 while the median price dropped 0.77 percent to $420,000.”

DMAR Inventory

Active Inventory and Sales - June 2017

“We are starting to see signs of a much needed market correction and a market plateau may be on the horizon.”

DMAR Inventory

Active Inventory and Sales - May 2017

“Average home prices in the Denver area have continued an upward climb to a new high of $449,736, up 2.84 percent from the previous month and up 9.83 percent from a year ago.”

DMAR Inventory

Active Inventory and Sales - April 2017

“...strong increases in active listings, under contracts, and median and average sold prices of homes continued to add fuel to Denver area’s “hot” real estate market last month”

  • Read the complete report for May 2017.
DMAR Inventory

Active Inventory and Sales - March 2017

“In the single-family home market, month over month, the average sold price increased 4.90 percent to $468,889 while the median sold price rose 2.78 percent to $406,000.”

DMAR Inventory

Active Inventory and Sales - February 2017

“Realtor.com reported Denver is one of the fastest cities to gentrify, and 33% of the city is already gentrified.”

DMAR Inventory

Active Inventory and Sales - January 2017

“Active listings in the residential market (single family and condos) dropped 6.47 percent to 3,989 last month, which represented an all-time low for any January on record – and only the second-time active listings have dropped below 4,000. ”

DMAR Inventory

Active Inventory and Sales - December 2016

“2016 will go down as another robust market defined by record-low inventories and record-high prices,” states Steve Danyliw, Chairman of the DMAR Market Trends Committee and Denver real estate agent.