Denver Realtor Reviews: Colorado Real Estate Market Statistics for March 2021
Real Estate Market Statistics for the metro Denver area, Colorado Springs Pikes Peak region, and Northern Colorado.
Metro Denver Colorado Real Estate Market Statistics as of March 2021
Denver Metro is generally composed of Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert, and Jefferson Counties. Metro Denver in Colorado saw a 75.9% 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 9.4% decrease in new listings and an 11.2% increase in closed home sales. The median home price in Denver metro increased by 12.7% from $440,000 to $496,000.
Southern Front Range Colorado Real Estate Market Statistics as of March 2021
Colorado Springs is generally composed of El Paso County and Teller Counties. The Pikes Peak region in Colorado saw a 73.9% 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 21.1% decrease in new listings and a 6.2% decrease in closed home sales. The median home price in Colorado Springs metro increased by 14.5% from $380,000 to $435,000.
Northern Colorado Real Estate Market Statistics as of March 2021
Northern Colorado is generally composed of Boulder, Larimer, Logan, Moran, and Weld Counties. The Northern Front Range region in Colorado saw a 75.5% 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 10.1% decrease in new listings and a 7.6% increase in closed home sales. The median home price in northern Colorado increased by 9.1% from $405,000 to $441,900.
