The Denver Metro June 2022 Market Stats are in

Average Single Family Home Price: $800,811 up 11.13% since June 2021

Average Days on Market: 10

The numbers for June are in and, while the market has absolutely shifted, we are seeing this as a good thing! Opportunities have opened up for buyers with less competition but still plenty of inventory. The market is leveling out for sellers but with the right guidance and advice they are still in a strong position. Now, more than ever, you need an expert to help navigate the ever-changing market to ensure you are getting the best value and success rate no matter your real estate goals.

June saw an increase in active inventory (both detached and attached) with a total of 5,678 homes on the market – a jump of 47.48% when compared to last month. 

Quick Take:

Days on market went up slightly to an average of 10 days. While this is a slight increase compared to last month, it is still below 2021 and prior years.

Sellers are still in a strong position but should plan accordingly. Buyers may finally feel a bit of relief and, despite rates, may have a strong opportunity.