Denver Metro Area Real Estate Update – January 2023

The average days a home was active on the market in January 2023 was 45 days. This is an increase ⬆️ of 7.1% from December 2022 and an increase ⬆️ of 136.8% compared to the market in January 2022.
The percentage of closed price to list price is 98.2% for January 2023, indicating that the closing price for a home was 1.8% lower than the listing price, on average. This is a decrease ⬇️ of 0.3% from December 2022 and a decrease ⬇️ of 4.0% compared to January 2022.
The market is warming to buyers, although sellers are still receiving top dollar for their homes.
If you are thinking of buying or selling within the next 6 months – give us a call today!

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