REcolorado Market Watch: August 2020

REcolorado market statistics for August reveal a strong buying and selling season despite the pandemic. In Denver, a record number of homes sold in the month of August as compared to this month previous years. Chaffee County and Routt County saw similar trends with Closed listings up year over year in both counties.

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: August 2020

Homes remained in high demand in August. Sellers brought nearly 7,000 new listings to the market, while over 7,400 listings were in Pending status. Prices for single-family homes surpassed $600,000 for the first time this August, selling for an average price of $602,191. As we head into fall, there are currently 4 weeks of inventory in the Denver Metro Area.

Find the full August 2020 REcolorado Market Watch on our website, and share the consumer-friendly reports with your clients using these links:

Additional Colorado Market Statistics

In addition to the market statistics reports produced by REcolorado, we provide housing market data and collaboratively produce statistics reports with local REALTOR associations.  

Be the Go-To Stats Expert!  

Buyers and sellers look to you to provide information about the housing market so they can make informed decisions. REcolorado offers a variety of tools so you can be the go-to expert who has the answers to your client’s market-related questions. 

Pro Tip: Generate and Share Your Own Market Stats >>

Brush up on your skills and learn new tricks and techniques in our live training classes, currently being held as live webinars. In these classes, you’ll learn more about market stats and practice pulling your own data using tools like REcolorado Matrix, Realist, and InfoSparks/FastStats.

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 >>