Denver Metro Market Update: July 2018

Buyers in the Denver Metro real estate market saw a glimmer of hope in June with increases in inventory, days on market and months of inventory. In the Denver Metro market (including Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson and Park counties), we also saw:

  • 3,969 total single-family homes sold; down 5.14 percent from last month
  • Average sold price in the single-family home market was $539,934 (up 0.17 percent from last month)
  • Median sold price in the single-family home market was $452,500 (up 0.56 percent from last month)
  • Average sold price in the condo market was $362,246 (up 1.35 percent from last month)
  • Median sold price in the condo market was $305,000 (down 0.43 percent from last month)
  • 7,436 active listings at the close of June, up 15.52% 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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