January 2019 Denver Metro Market Statistics: Inventory Levels Are Feeling the Love

According to the latest marketing statistics from REcolorado, the Denver Metro market continued to experience increased inventory levels in January, due in part to 4,817 new listings coming on the market, more than double what we saw last month. This means buyers have more options than they’ve had in quite some time, which may help relieve some of the stress home buyers have been feeling over the past few years. There is currently 8 weeks of inventory, 1 week more than last month and 2 weeks more than last year.

In January, home sales decreased 8% from last year and are down 24% from last month. The number of homes that moved to Under Contract in December was 8% higher than last year, indicating it was an active month. The rate at which home prices are increasing has continued to moderate in January, with the average price of a single-family home rising to $460,525, up 3% year over year.

Showcase your market expertise! Be sure to share the consumer-friendly market statistics wrap up on your social media channels.

We pull statistics on the fourth business day of the month because it leaves time for you to make your status changes. (We require status changes be made within three business days because we’re all about accurate data and we know you are, too!)

ROCC April 2018 Market Statistics

January 2019 market statistics report for REALTORS® of Central Colorado >>


SSBR April 2018 Market Statistics

January 2019 market statistics report for Steamboat Springs Board of REALTORS® >>


Quick Infographic for Denver Metro

View or download the January 2019 quick infographic

Detailed Infographic for Denver Metro

View or download the January 2019 detailed infographic

Be the Go-To Stats Expert!

How’s the market? REcolorado offers a variety of tools you can use to answer this question confidently and position yourself as the go-to expert, so no matter when you’re asked, your answer can always be, “The best time to sell is right now and let me tell you why.”

Here are a few training classes to take to learn more about market stats and practice pulling your own data using tools like Matrix, Realist, and InfoSparks/FastStats. InfoSparks can help you quickly analyze and share trend data with your clients. FastStats gives you a one-page look at the most current market stats for specific Colorado areas. FastStats reports for January are available now.

Market Intel (2 CE) – Explore the power of in-depth, current market intelligence | View all upcoming class dates and times >>

On-Demand Recorded Webinar: InfoSparks | Watch Now >>