REcolorado’s June Market Watch reports show signs of a very robust housing market. Throughout the state, there was an increase in buyer activity as social distancing restrictions were relaxed. Pending listings saw significant gains as brokers wrote contracts on homes. The full set of indicators for the Greater Denver Metro area, Routt County, and Central Colorado can be found below, as well as in the reports we produce collaboratively with local REALTOR® associations. Additionally, we continue to produce Weekly Market Statistics reports you can count on to stay up-to-date on current market conditions during the coronavirus pandemic.
Denver Metro Market Statistics
June Denver Metro housing market statistics from REcolorado show signs of a market that is heating up as several indicators showed year-over-increases. The count for Closed Listings was 3% higher than last June and the number of Pending Listings was 28% than last year as buyers re-entered the market. The number of New Listings sellers brought to the market was 2% lower than this time last year, which pushed supply of inventor down to just 5 weeks. Home prices held somewhat steady, up less than 2% from last year. On average, homes spent 24 days on the market.
Month-over-month indicators showed increased activity as in-person home showings and the availability of live-stream tools gave shoppers the ability to see more homes. Home closings were up 69% compared to May, amd the listings that moved into Pending status saw a 3% increase. To meet the high demand, sellers brought 7,415 New Listings to the market, making this the highest single-month count of New Listings we’ve seen in 2020! Compared to May, prices and Days in MLS remained steady.
Quick Denver Metro Market Infographic
Detailed Denver Metro Market Report
Additional Colorado Market Statistics
REALTORS® of Central Colorado
Steamboat Springs Board of REALTORS®
In addition to the market statistics reports produced by REcolorado, we provide the statistics used by Denver Metro REALTOR associations.
- Denver Metro Association of REALTORS®
- South Metro Denver REALTOR® Association
- Aurora Association of REALTORS®
- Mountain Metro Association of REALTORS®
Be the Go-To Stats Expert!
Buyers and sellers look to real estate brokers to provide information about what is taking place in the market so they can make informed decision. REcolorado offers a variety of tools you can be the go-to expert who has answers to market-related questions.
REcolorado offers several 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.
Market Intel (2 CE) – Explore the power of in-depth, current market intelligence | View all upcoming class dates and times >>
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