REcolorado Market Watch: July 2020

REcolorado market statistics for July show the real estate market in Denver is going strong. After a strong July, year-to-date metrics show the housing market is rebounding from the pandemic lows earlier this year. Other parts of the state saw similar gains, with Closed listings up 58% year over year in Chaffee County and up 16% year over year in Routt County.

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: July 2020

In response to strict stay-at-home orders in March and April, many sellers waited until May or later to list their homes. In July, a record-setting number of new listings came on the market, up 15% compared to last year.

July also saw the highest single-month count of Closed listings ever recorded in Denver! Closed listings were 21% higher as compared to last year and up 16% from last month. Pending listings also saw a significant increase, up 27% year over year but down slightly compared to June 2020.

Maggy and Jennifer cover even more market statistics in the video above. Watch the video and find consumer-friendly reports to share with your clients below.

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. 

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) |  View all upcoming class dates and times >>  

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