First American Market Report

Denver, CO

Condos/Townhomes

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Denver, CO

Sat Jul 11 2020
This week the median list price for Denver, CO is $440,000 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has held steady at or around 815. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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

Sat Jul 11 2020
This week the median list price for Denver, CO is $440,000 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has held steady at or around 815. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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 $440,000
Per Square Foot $410
Days on Market 70
Price Decreased 39%
Price Increased 2%
Relisted 8%
Inventory 815
Median Rent $1,795
Most Expensive $5,500,000
Least Expensive $115,000
Market Action 40
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
$897,900 1,847 0.25 - 0.5 acre 2 2 14 22 19 101
$519,900 1,248 0.25 - 0.5 acre 2 2 15 24 24 66
$360,000 891 8,000 - 10,000 sqft 2 1 38 32 32 56
$238,250 772 0 - 4,500 sqft 2 1 51 35 43 56