05-4-22What happen in the Denver Market in April

By
Real Estate Broker/Owner with Hamm Homes

Digging Deeper: April 2022 Records

May 4, 2022

ACTIVE LISTINGS

  • (Attached) 759 represents the lowest April on record. The previous record was 2015 with 950 active listings.  

CLOSE PRICE — MEDIAN

  • (Residential) $624,950 represents the highest number on record. The previous record was March 2022 of $602,000.
  • (Detached) $684,550 represents the highest number on record. The previous record was March of $660,000.
  • (Attached) $440,000 represents the highest number on record. The previous record was March 2022 of $422,000.

CLOSE PRICE — AVERAGE

  • (Residential) $726,988 represents the highest on record. The previous record high was March 2022 of $702,694.
  • (Detached) $825,073 represents the highest on record. The previous record high was March 2022 of $797,700.
  • (Attached) $495,078 represents the highest April on record. The previous record was 2021 of $440,768.

DAYS IN MLS — MEDIAN

  • (Residential) 4 days represents a tie for the lowest amount on record. The previous record low was set 7 other times.
  • (Detached) 4 days represents a tie for the lowest amount on record. The previous record low was set 8 other times.
  • (Attached) 4 days represents a tie for the lowest amount on record. The previous record low was set 7 other times.

DAYS IN MLS — AVERAGE

  • (Residential) 8 days represents the lowest number on record. The previous record low of 9 days was set in July of 2021.
  • (Detached) 9 days represents the lowest April on record. The previous record low was 2021 at 10 days.
  • (Attached) 8 days represents the lowest number on record. The previous record low of 12 days was set in March of 2022.

MONTHS OF INVENTORY (MOI)

  • (Attached) 0.52 months represents the lowest April on record. The previous record low of 0.64 was in 2021.

Comments (5)

Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

That sure is a lot of records that you are setting there Will Hamm 

May 04, 2022 11:52 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Will, Happy Hump Day!

Thank you for sharing the information. Buyers and sellers in your area will benefit from your expertise. Wishing you continued success.  Have a wonderful day and sell a house.  bill

 

May 04, 2022 12:40 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Will- good information for the April Denver Market. Buyers and Sellers will appreciate this. 

May 04, 2022 12:46 PM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

WOW, that is a low number of listings for the area Will Hamm it's a good thing that the average price is also at a record high so that Realtors can still squeeze out a living.

May 04, 2022 01:31 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Denver home buyers and sellers are sure to value your real estate market report, Will.

May 05, 2022 06:24 PM