Denver Realtor Reviews: Colorado Real Estate Market Statistics for August 2020

Real Estate Market Statics for the metro Denver area, Colorado Springs Pikes Peak region, and Northern Colorado. 

Metro Denver Colorado Real Estate Market Statistics as of August 2020

Metro Denver is generally composed of Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert, and Jefferson Counties. Metro Denver in Colorado saw a 39.2% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the Denver front range which includes Denver, Aurora, Lakewood, Thornton, Arvada, Westminster, Centennial, and Highlands Ranch as the largest cities in the area saw a 2% increase in new listings and a 9.7% increase in closed home sales. The median home price in Denver metro increased 8.3% from $420,000 to $455,000.  

South Metro Denver Realtor Association August 2020 Market Stats

Southern Front Range Colorado Real Estate Market Statistics as of August 2020

Colorado Springs is generally composed of El Paso County and Teller Counties. The Pikes Peak region in Colorado saw a 50.2% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the southern front range around Colorado Springs, which includes Colorado Springs, Monument, Falcon, Fountain, Manitou Springs, and Woodland Park saw a 27.3% decrease in new listings and an 8.6% decrease in closed home sales. The median home price in Colorado Springs metro increased by 12.9% from $350,000 to $395,000.  

 

Pikes Peak Realtor Association August 2020 Market Stats

Northern Colorado Real Estate Market Statistics as of August 2020

Northern Colorado is generally composed of Boulder, Larimer, Logan, Moran, and Weld Counties. The Northern Front Range region in Colorado saw a 37% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the northern front range area that includes Boulder, Broomfield, Fort Collins, Greeley, Longmont, and Loveland saw a 2.8% decrease in new listings and a 22.5% increase in closed home sales. The median home price in northern Colorado increased by 5.9% from $425,000 to $450,000.  

Northern Front Range Association August 2020 Market Stats