Ready to Make Your Move?Market Update, June 11, 2020
Where were you in 2010? In the same home? In a different state or town? We thought it would be interesting to look at some key real estate statistics from May 2020 and compare them to what was happening during May 2010.
Active Listings – May 2010 to May 2020
Average Closed Price – May 2010 to May 2020
Closed Listings – May 2010 to May 2020
Average Days in the MLS – May 2010 to May 2020
Months Supply of Homes for Sale – May 2010 to May 2020
Metro Denver Real Estate Market Activity
We saw decreases in new listings, “back on market” homes and closings listings during the past 7 days. We continue to see a fairly large number of price decreases. We’re seeing a large number of homes pending and a good number of closings.
During the past 7 days:
New Listings – 1515
Back On Market – 331
Price Increase – 208
Price Decrease – 1276
Pending – 2355
Withdrawn – 150
Closed – 1371
Expired – 219
Previous Week:
New Listings – 1693
Back On Market – 407
Price Increase – 199
Price Decrease – 1343
Pending – 2335
Withdrawn – 183
Closed – 1538
Expired – 397
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Based on data from REColorado®