Denver Metro Area
December was another strong month for the Denver Metro Area housing market. Throughout the month 5,113 homes closed, more than any other December on record. Buyers brought 3,017 New Listings of homes for sale to the market, 18% more than last December. Strong demand kept home prices high.
2020 was record breaking for the Denver Metro housing market. Brokers wrote more contracts on listings and more homes sold than any other year on record. The number of New Listings sellers brought to the market could not keep pace with demand, which pushed down inventory levels. Prices reached all-time highs and half of all homes spent a week or less in the MLS.
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