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December Market Update

December Market Update

 
Denver Metro homes are seeing price reductions in desirable areas which have not seen price reductions in years. Sellers are needing to take extra steps to property stage and prepare their homes in this shifting market.  While rates are higher, approaching 7%, Buyers are in luck when it comes to finding their perfect home in the location they want with softened prices and less competition.
 
 

Quick Denver Metro Stats

 
Active listings at months end: 7,290

Closed Homes: 3,315

Average Close Price: $661,335

Days in MLS on average: 28
 

The Douglas County Market

 
A yearly comparison for Douglas County:
 

Single Family Homes

Active Listings

2021

573

2022

978

New Listings

2021

578

2022

442

Days on Market

2021

13

2022

36

Average Price

2021

$771,892

2022

$829,811

 

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