Denver Real Estate Market Statistics 2017 April

Dated: 09/01/2017

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Denver real estate market statistics: How much does a home cost in Denver? How long does it take to sell a home in Denver? How fast are home prices rising in Denver? All this and more answered below.

Denver Real Estate Market Statistics Through April 2017

These Denver Real Estate Market Statistics are based on homes in the REColorado.com MLS within 30 miles of downtown Denver. Download a pdf

 version of this report by clicking here
.

Denver Real Estate Market Statistics December 2016

 

Denver Realtor Reviews: Denver Real Estate Market Statistics April 2017

The average price for a home in Denver was $436,144 at the end of April 2017. The median price for a home in Denver was $380,000 at the end of April 2017. Sales volume in April was $2.054 billion. There were 4,709 real transactions in April 2017. There is less just over 1 month of real estate inventory in and around Denver. There were 5,901 real estate listings in and around Denver at the end of April 2017. The average days on market for real estate listings in and around Denver was 21 days for December. And the median days on market was 5.

These Denver real estate market statistics are from the Denver MLS (REColorado.com) . They reflect real estate sales data for the end of December 2016. They do not reflect real estate sales that occurred off market or outside of the Denver MLS.

The average home price in Metro Denver, Colorado

The average home price in Metro Denver is up almost 10% Year Over Year from $395,166 in April 2016 to $436,144 in April 2017. The average home price in Metro Denver is up over 3% Month Over Month from $423,196 in March 2017. 

Average home price in Denver April 2017 12 month

Average home price in Denver April 2017 10 Year

The median home price in Metro Denver, Colorado

The median home price in Metro Denver is up almost 5.6% Year Over Year from $360,000 in April 2016 to $380,000 in April 2017. The median home price in Metro Denver is approximately 2.7% more than the median home price in March 2017.

Median home price in Denver April 2017 12 Month

Median home price in Denver April 2017 10 Year

 

Metro Denver real estate sales volume

Metro Denver real estate sales volume went up 0.5% month over month to $2.054 billion from $1.992 billion continuing the traditional seasonal patterns and was 14.4% higher than the $1.795 billion in sales in April of 2016.

Real estate sales volume in Denver April 2017 12 Month

Real estate sales volume in Denver April 2017 5 Year

 

Number of Metro Denver real estate sales

There were 4,709 metro Denver real estate sales in April 2017, almost 3.7% more than April 2016 and equal to the prior month. For April 2017, the highest number of sales occurred in the $350,000 - $400,000 price point.

Number of real estate sales in Denver April 2017 12 Month

Number of real estate sales in Denver April 2017 5 Year

Number of real estate sales in Denver April 2017 By Price Point

Months of Metro Denver real estate inventory

There was an average of 1.253 months of inventory on the market in April 2017.

Months of real estate inventory in Denver April 2017 12 Month Chart

Months of real estate inventory in Denver April 2017 5 Year Chart

Months of real estate inventory in Denver April 2017 By Price Point

 

Number of Metro Denver real estate listings inventory

At the end of April 2017 there were 5,901 Denver real estate listings which is about 5% more than the 5,607 listings at the end of March 2017 and very similar to the 5,911 listings in April 2016. The highest number of listings is in the $500,000 to $600,000 price range.

Number of real estate listings in Denver April 2017 12 Month Chart

Number of real estate listings in Denver April 2017 5 Year Chart

Number of real estate listings in Denver April 2017 By Price Point

Average days on market for a Metro Denver, Colorado home for sale

At 21 days the average days on market for Denver real estate is 2 days less than April 2016 and is 6 days less than March 2017. The average days on market was 13 days or less for everything under $400,000. The highest days on market was in the $1.25 million - $1.5 million price range.

Average days on market of real estate listings in Denver April 2017 12 month chart

Average days on market of real estate listings in Denver April 2017 5 year chart

Average days on market of real estate listings in Denver April 2017 by price point

 

Median days on market for a Metro Denver, Colorado home for sale

At 5 days, the median days on market is the same as April 2016 and 1 day less than March 2017. The median days on market was 5 days or less for everything under $400,000. The median days on market was highest as price ranges approached the $3 million range.

Median days on market of real estate listings in Denver April 2017 12 month chart

Median days on market of real estate listings in Denver April 2017 5 year chart

Median days on market of real estate listings in Denver April 2017 by price point

 

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Jason McLaughlin

THERE WERE TWO THINGS I WANTED TO DO WHEN I GOT OLDER! Number One: Make sure that I had the ability to take care of people in time of need. Number Two: Be involved in real estate. As for ....

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