Market Reports


Single Family Average $695,232 (Up 16% YoY)
Condo/Townhome Average $442,261 (Up 16% YoY)

The Denver real estate market is still going strong. Denver continues to be a hot place to live. Demand in September was near an all-time high (only off by 1% as compared to last year) and inventory remains very low. The market did see a slight uptick in new listings, a welcome sign for buyers. 

Here are highlights:

Supply – Active Listings

Active listings decreased slightly month-over-month and are down 44% over 2020. 

3,663 Active Listings (Up 44% YoY)

New Listings

We saw a slight uptick in new listings over August 2021. This pace is similar to that of the prior 4 years and a slight increase over 2020.

5,944 New Listings (Up 1% YoY)

Demand – Pending Sales

Pending sales were near an all-time high in September, only 1% off from this time last year.

5,461 Pending Sales (Down 1% YoY)

Days in MLS

The average days in the MLS was only 13, but we are seeing an increase each month since July.

13 Days in MLS (Down 41% YoY)

Percent of Closed Price to List Price

September saw a 102% percent of closed price to list price, a slight decrease from last month.

102% % Closed to List Price (Up 2% YoY)

Greater Metro Denver includes the following counties:

Arapahoe, Adams, Broomfield, Denver, Douglas, Elbert and Jefferson

Reports are based on information from REColorado®, Inc. for the period shown in title. Note: This representation is based in whole or in part on content supplied by REColorado®, Inc. REColorado®, Inc. does not guarantee nor is in any way responsible for its accuracy. Content maintained by REColorado®, Inc. may not reflect all real estate activity in the market. •Information deemed reliable but not guaranteed.

© 2021 Source: Land Title Guarantee Company. All rights reserved. / Mortgage Data Source: Freddie Mac

About Author

Natalia Blackie is a licensed Colorado Real Estate Agent specializing in Residential Homes Sales in the Denver Metro and surrounding areas. Her background includes over 20+ years of Marketing experience.