GDMA municipalities include: Arvada, Aurora, Bailey, Brighton, Broomfield, Castle Rock, Centennial, Cherry Hills Village, Commerce City, Conifer, Denver, Englewood, Evergreen, Golden, Highlands Ranch, Lafayette, Lakewood, Littleton, Lone Tree, Louisville, Northglenn, Parker, Thornton, Westminster, Wheat Ridge.

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August 2021 Market Stats Snapshot

(Percent changes calculated using year-over-year comparisons and rounded figures.)


​​New Listings were down 6.2 percent for single family homes and 6.6 percent for townhouse-condo properties. Under Contracts decreased 5.6 percent for single family homes and 3.1 percent for townhouse-condo properties.
The Median Sales Price
was up 16.3 percent to $605,000 for single family homes and 15.0 percent to $375,000 for townhouse-condo properties.

Days on Market decreased 54.5 percent for single family homes and 44.0 percent for townhouse-condo properties.


In New Construction, home builders continue to struggle to meet buyer demand, as housing starts nationwide dropped 7% last month, according to the Commerce Department. Single-family home construction declined 4.5%, and multi-family home construction, which includes condos and apartment buildings, was also down, falling by 13%. Labor shortages, rising material costs, and supply-chain setbacks continue to challenge builders, with some projects temporarily paused due to availability and cost of materials.

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Current as of September 3, 2021. All data from  REcolorado®.

Report © 2021 ShowingTime.