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August 22, 2018
Sara Russell

A slight cooling of the market has occurred with average and median home prices declining in June and inventory at a three-year high. In the Denver Metro market (including Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson and Park counties), we also saw:

  • 3,651 total single-family homes sold; down 16.22 percent from last month
  • Average sold price in the single-family home market was $529,124 (down 1.48 percent from last month)
  • Median sold price in the single-family home market was $450,000 (down 0.336 percent from last month)
  • Average sold price in the condo market was $350,437 (down 2.85 percent from last month)
  • Median sold price in the condo market was $300,000 (down 1.64 percent from last month)
  • 7,643 active listings at the close of June, up 2.78 percent from the previous month

To see additional statistics, you can see the full report courtesy of the Denver Metro Association of Realtors.

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