Is Denver County, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
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
$668,858
$417/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Denver County was $668,858 in April 2024, down 3.9% from last year, and the median price per square foot was $417.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $359.9K | $330K | -8.3% |
2 Bedrooms | $521.6K | $505.1K | -3.2% |
3 Bedrooms | $709.1K | $699.4K | -1.4% |
4 Bedrooms | $889.8K | $860.3K | -3.3% |
5+ Bedrooms | $1.3M | $1.2M | -3.0% |
Summary: Denver County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.3%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Counties
Jefferson County | $638.2K | $655.1K | +2.6% |
Adams County | $509.9K | $513.4K | +0.7% |
Arapahoe County | $548.6K | $545.7K | -0.5% |
Denver County | $695.6K | $668.8K | -3.9% |
Housing Supply in Denver County, CO
How many homes are available in Denver County, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2,213 | 3,259 | +47.3% |
Summary: The Denver County real estate market had 3,259 homes for sale in April 2024, a 47.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 250 | 366 | +46.4% |
2 Bedrooms | 621 | 862 | +38.8% |
3 Bedrooms | 561 | 876 | +56.1% |
4 Bedrooms | 455 | 696 | +53.0% |
5+ Bedrooms | 326 | 459 | +40.8% |
Summary: The Denver County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 46.4%, 2 bedroom homes increased by 38.8%, 3 bedroom homes increased by 56.1%, 4 bedroom homes increased by 53%, and 5+ bedroom homes increased by 40.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
306 | 715 | +133.7% |
Asking Price vs. Sold Price
303 Homes Were Sold
Under Asking
167 Homes Were Sold
At Asking
245 Homes Were Sold
Over Asking
Summary: A total of 715 homes were sold or pending in Denver County in April 2024, up by 133.7% month-over-month. Of the 715 sold homes, 42% were sold under asking, 23% were sold at asking, and 34% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 28 Days | +29.5% |
Summary: Homes in Denver County had an average of 28 days on market in Apr 2024, up by 29.5% compared to last year.
Breakdown of Home Sale Times
525 Homes Were Sold
Under 30 Days
123 Homes Were Sold
In 30 - 90 Days
67 Homes Were Sold
Over 90 Days
Summary: During April 2024, 715 homes were sold in Denver County; 73% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.