Metro Denver Real Estate Market Update, April 13, 2023

Most often, we look at trends throughout the metro area. Today we thought we’d look at how things have changed in each country between March 2022 and March 2023. Average and median prices for homes sold went up in Broomfield year-over-year. That’s the only county where that happened. Get a free, no-obligation report and find out what’s happening in your neighborhood.

Adams County March 2022 March 2023
Median Closed Price $530,000 $487,000
Average Closed Price $555,362 $514,483
Active Listings 489 774
Average Days in the MLS 12 37
Median Price Per Square Foot $258 $244
Average Price Per Square Foot $265 $251
Arapahoe County March 2022 March 2023
Median Closed Price $540,000 $510,000
Average Closed Price $629,622 $596,863
Active Listings 543 812
Average Days in the MLS 8 38
Median Price Per Square Foot $274 $250
Average Price Per Square Foot $286 $263
Boulder County March 2022 March 2023
Median Closed Price $731,170 $730,000
Average Closed Price $992,140 $943,898
Active Listings 387 640
Average Days in the MLS 16 39
Median Price Per Square Foot $397 $364
Average Price Per Square Foot $442 $392
Broomfield County March 2022 March 2023
Median Closed Price $625,000 $650,000
Average Closed Price $692,173 $731,507
Active Listings 69 85
Average Days in the MLS 6 35
Median Price Per Square Foot $275 $261
Average Price Per Square Foot $284 $273
Denver County March 2022 March 2023
Median Closed Price $600,000 $582,500
Average Closed Price $758,160 $747,210
Active Listings 785 1,159
Average Days in the MLS 12 31
Median Price Per Square Foot $417 $362
Average Price Per Square Foot $425 $382
Douglas County March 2022 March 2023
Median Closed Price $700,000 $672,750
Average Closed Price $819,683 $776,581
Active Listings 476 785
Average Days in the MLS 15 46
Median Price Per Square Foot $247 $231
Average Price Per Square Foot $262 $248
Jefferson County March 2022 March 2023
Median Closed Price $646,500 $590,000
Average Closed Price $716,258 $641,686
Active Listings 509 713
Average Days in the MLS 9 30
Median Price Per Square Foot $309 $286
Average Price Per Square Foot $328 $299
Larimer County March 2022 March 2023
Median Closed Price $553,000 $529,995
Average Closed Price $634,063 $608,808
Active Listings 496 750
Average Days in the MLS 19 42
Median Price Per Square Foot $240 $237
Average Price Per Square Foot $271 $266
Weld County March 2022 March 2023
Median Closed Price $484,850 $472,000
Average Closed Price $522,254 $509,675
Active Listings 617 758
Average Days in the MLS 20 52
Median Price Per Square Foot $203 $201
Average Price Per Square Foot $220 $219

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We publish timely, interesting information about the local real estate market every week. Occasionally, we include some national news. Sometimes, we include homes we’re selling. We try to avoid too much self-promotion, but we want to remind you that we save sellers thousands of dollars every month with our Ultimate Home Selling System. Pay less and earn more when you hire The Principal Team to sell your home.

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Metro Denver Real Estate Market Activity

During the last week:
New Listings – 1211
Back On Market – 207
Price Increase – 130
Price Decrease – 711
Pending – 1302
Withdrawn – 110
Closed – 995
Expired – 155

Previous Week:
New Listings – 1178
Back On Market – 244
Price Increase – 136
Price Decrease – 765
Pending – 1457
Withdrawn – 106
Closed – 1401
Expired – 320


Based on data from REColorado®

“We enjoyed our first-time home buying experience with David! And we are so grateful for the Front Range Heroes program that he graciously offers to teachers and other public servants. We found a wonderful home and are very happy with the result. David was available at all hours of the day to help us with whatever we needed. Highly recommend working with him.”
– Jabez M., Wheat Ridge

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