Denver Area Market Watch – January 2021 in Review

How did the housing market perform this month? REcolorado market statistics for January show it’s a Seller’s market. With a decrease in new listings, the average sold price for single family homes rose by over 16%! Throughout the month 3,164 homes closed, a decrease of 6% year-over-year. Sellers brought 4,285 New Listings of homes for sale to the market, 12% less than last January. Strong demand kept home prices high.

*Based on information from ReColorado®, Inc. for the period January 1, 2021 through January 31, 2021. Not all properties were listed and/or closed by Calibrate Real Estate. This representation is based in whole or in part on content supplied by Recolorado®, Inc. Recolorado®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by Recolorado ®, Inc. may not reflect all real estate activity in the market.

Kyle Malnati, Ana Jewett, Matt Peterson, Michael Csrnko, Kayla Davis, and Brandon Sejera