Is Denver County, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Denver County has remained a Seller's Market.
Housing Prices in Denver County, CO
How much do homes in Denver County, CO cost?
Median Sold Price
$619,563
$406/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in Denver County was $619,563 in November 2023, down 3.8% from last year, and the median price per square foot was $406.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $350.1K | $335K | -4.3% |
2 Bedrooms | $510.5K | $483.7K | -5.3% |
3 Bedrooms | $685.3K | $649.6K | -5.2% |
4 Bedrooms | $869.7K | $829.6K | -4.6% |
5+ Bedrooms | $1.1M | $1.1M | +0.9% |
Summary: Denver County housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 0.9%.
Median Sold Price Compared To Nearby Counties
Jefferson County | $627.2K | $621.4K | -0.9% |
Arapahoe County | $529.9K | $519.6K | -1.9% |
Adams County | $511.2K | $499.9K | -2.2% |
Denver County | $644.1K | $619.5K | -3.8% |
Housing Supply in Denver County, CO
How many homes are available in Denver County, CO?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
3,863 | 3,675 | -4.9% |
Summary: The Denver County real estate market had 3,675 homes for sale in November 2023, a 4.9% decrease compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 357 | 346 | -3.1% |
2 Bedrooms | 1,056 | 990 | -6.3% |
3 Bedrooms | 1,063 | 974 | -8.4% |
4 Bedrooms | 867 | 831 | -4.2% |
5+ Bedrooms | 520 | 534 | +2.7% |
Summary: The Denver County housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.1%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 2.7%.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
940 | 722 | -23.2% |
Asking Price vs. Sold Price
405 Homes Were Sold
Under Asking
159 Homes Were Sold
At Asking
158 Homes Were Sold
Over Asking
Summary: A total of 722 homes were sold or pending in Denver County in November 2023, down by 23.2% month-over-month. Of the 722 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for Denver County, CO
How long does it take to sell a home in Denver County, CO?
Average Sale Time
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
31 Days | 41 Days | +33.2% |
Summary: Homes in Denver County had an average of 41 days on market in Nov 2023, up by 33.2% compared to last year.
Breakdown of Home Sale Times
412 Homes Were Sold
Under 30 Days
204 Homes Were Sold
In 30 - 90 Days
106 Homes Were Sold
Over 90 Days
Summary: During November 2023, 722 homes were sold in Denver County; 57% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.