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.

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Denver Metro Area Market Watch – December 2020

2020 was record breaking for the Denver Metro housing market. According to REColorado, Brokers wrote more contracts on listings and more homes sold than any other year on record. The number of New Listings sellers brought to the market could not keep pace with demand, which pushed down inventory levels. Prices reached all-time highs and half of all homes spent a week or less in the MLS.

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