October numbers just arrived. There were more than twice as many homes for sale last month compared to October 2021. The average sold price is up 8.22% compared to a year ago, but down 10.8% from a peak of $742,491 in April. Homes continue to take longer to sell, with the average home taking 28 days to sell in October.
Residential – Detached and Attached Homes
Average Closed Price: $661,335
-1.36% compared to September
+8.22% year-over-year
Active Listings at the End of the Month: 7,290
-5.12% compared to September
+115.94% year-over-year
Closed Homes: 3,315
-24.64% compared to September
-40.33% year-over-year
Days in MLS: 28
+7.69% compared to September
+100% year-over-year
Detached Homes Average Closed Price: $738,145 Active Listings at the End of the Month: 5,444 Closed Homes: 2,332 Days in MLS: 29 | Attached Homes Average Closed Price: $479,119 Active Listings at the End of the Month: 1,846 Closed Homes: 983 Days in MLS: 25 |
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Get Your Free Guide NowMetro Denver Real Estate Market Activity
During the last week:
New Listings – 1045
Back On Market – 300
Price Increase – 70
Price Decrease – 1721
Pending – 1115
Withdrawn – 241
Closed – 1294
Expired – 588
Previous Week:
New Listings – 1120
Back On Market – 285
Price Increase – 79
Price Decrease – 1943
Pending – 1108
Withdrawn – 266
Closed – 1020
Expired – 264—
Based on data from REColorado®
Trends in Metro Denver
- Home Prices
- How Long It Takes to Sell a Home
- Prices Per Square Foot
- Showings Until Pending
- Active Listings
- New Listings
- Closings
Real Estate News
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