First Integrity Title Market Report

Denver, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 888-636-0372



Denver, CO

Mon Dec 02 2024
This week the median list price for Denver, CO is $699,900 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has decreased to 1,355. Click here to stay informed with the Denver market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Denver, CO

Mon Dec 02 2024
This week the median list price for Denver, CO is $699,900 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has decreased to 1,355. Click here to stay informed with the Denver market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Denver market.
Median List Price $699,900
Median Price of New Listings $589,500
Per Square Foot $396
Average Days on Market 99
Median Days on Market 63
Price Decreased 59%
Price Increased 2%
Relisted 6%
Inventory 1,355
Median Rent
Market Action 38
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,600,000 3,695 4,500 - 6,500 sqft 5 3.8 22 13 51 84
$824,900 2,155 4,500 - 6,500 sqft 4 2.5 71 23 41 56
$600,000 1,859 6,500 - 8,000 sqft 3 2 68 29 51 63
$465,000 1,212 4,500 - 6,500 sqft 3 1.8 69 43 52 56