Denver Real Estate Trends
RE/MAX Greater Denver tracks Denver's real estate trends for our clients and internet users. We research a variety of sources and present a broad overview of current economic trends that affect home sale prices as well as average marketing time for residential properties in the metro Denver area.
For your convenience, our research provides the average listing "Days on Market" and the real estate absorption rate. This is a valuable tool for home sellers, as it clearly defines the amount of time it will take to sell an average home if buying trends do not change and no other homes are listed for sale.
If you would like information about real estate trends in a specific neighborhood, contact us today.
2009 Denver real estate statistics
| 1st Quarter | January | February | March |
2008 Denver real estate statistics
| 1st Quarter | January | February | March |
| 2nd Quarter | April | May | June |
| 3rd Quarter | July | August | September |
| 4th Quarter | October | November | December |
2007 Denver real estate statistics
| 1st Quarter | January | February | March |
| 2nd Quarter | April | May | June |
| 3rd Quarter | July | August | September |
| 4th Quarter | October | November | December |
Frequently Asked Questions:
"What is the Absorption Rate?" - The absorption rate is a key economic indicator in the Denver real estate industry. If two homes sold last month and there are 10 homes listed for sale, how long will it take to sell those 10 homes? In this example, the Absorption Rate is 5 months. The model presumes the demand for housing does not increase or decrease, and the model presumes that no other homes will be offered for sale.
"What isDays on Market?" - Days on Market is the average time that a Denver home is marketed before a contract is accepted. It is different than the Denver Real Estate Absorption Rate because the local real estate market currently rejects over half of all homes offered for sale. Many people are surprised to learn this fact. However, there are always home sellers that overprice their properties or fail to prepare their properties for market competition. As long as there are more homes for sale than buyers in the market, then some inventory will remain unsold.
Sellers: Request a Comparative Market Analysis Today!
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Greenwood Village, CO 80111
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