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 Realtor Reviews: Denver Real Estate Market Statistics February 2019

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 "Denver Realtor Reviews: Denver Real Estate Market Statistics February 2019" by clicking here.

 

Denver Realtor Reviews: Denver Real Estate Market Statistics February 2019

 

Youtube Video of Denver Real Estate Market Statistics Through February 2019

 

 

The average price for a home in Denver was $462,390 at the end of February 2019. The median price for a home in Denver was $400,000 at the end of February 2019. There were 3,353 homes sold in February 2019. There was 1.865 months of real estate inventory in and around Denver at the end of February 2019. There were 5,084 new real estate listings in and around Denver during February 2019. The median days on market for real estate listings in and around Denver was 14 days for February 2019.

 

These Denver real estate market statistics are from the Denver MLS (REColorado.com) . They reflect real estate sales data for the end of December 2018. 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

 

Denver Realtor Reviews: Denver Real Estate Market Statistics February 2019 Average Sales Price

Denver Realtor Reviews: Denver Real Estate Market Statistics February 2019 Average Sales Price

 

The average home price in Metro Denver is up almost 1% Year Over Year from $457,895 in February 2018 to $462,390 in February 2019. The average home price in Metro Denver is up 0.55% Month Over Month from $459,836 in January 2019. 

 

The median home price in Metro Denver, Colorado

 

Denver Realtor Reviews: Denver Real Estate Market Statistics February 2019 Median Sales Price

Denver Realtor Reviews: Denver Real Estate Market Statistics February 2019 Median Sales Price

 

The median home price in Metro Denver is down just under 1% Year Over Year from $403,000 in February 2018 to $400,000 in February 2019. The median home price in Metro Denver is 1.4% more than the median home price in January 2019 of $394,524.

 

Number of Metro Denver real estate sales

 

Denver Realtor Reviews: Denver Real Estate Market Statistics February 2019 Number Of Sales

Denver Realtor Reviews: Denver Real Estate Market Statistics February 2019 Number Of Sales

 

There were 3,353 metro Denver real estate sales in February 2019, about 1.4% less than the 3,401 real estate sales in February 2018 and about 16.3% more than the 2,882 metro Denver real estate sales in the prior month. For February 2018, the highest number of sales occurred in the $350,000 - $400,000 price point.

 

Number of new Metro Denver real estate listings

 

Denver Realtor Reviews: Denver Real Estate Market Statistics February 2019 Number Of Listings

Denver Realtor Reviews: Denver Real Estate Market Statistics February 2019 Number Of Listings

 

There were 5,084 new Denver real estate listings in February 2019, which is about 9.3% more than the 4,651 new listings in February 2018 and about 6.1% more than the 4,791 new listings in January 2019. 

 

Months of Metro Denver real estate inventory

 

 

There was an average of 1.865 months of inventory on the market in February 2019.

 

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

 

 

Denver Realtor Reviews: Denver Real Estate Market Statistics February 2019 Days On Market

Denver Realtor Reviews: Denver Real Estate Market Statistics February 2019 Days On Market

 

At 14 days, the median days on market is 8 days more than February 2018 and 13 less days than January 2019. 

 

Denver Realtor Reviews: Denver Real Estate Market Statistics February 2019 Conclusion

 

The real estate market within a 30 mile radius of Denver Colorado remains in seller's favor, but it has transitions towards equilibrium and slowed in buyers favor. Bidding wars are less frequent.  Homes that are not move-in ready are selling more slowly than they had, as more move-in ready options are sitting on the market longer. Seller have to price their homes more competitively to sell quickly.