January 2023 Denver Metro Real Estate Stats

March 7, 2023

January 2023 Stats

The statistics are a comparison of January 2022 and January 2023.

The chart below indicates:

Home sales are DOWN 30% from last year at this time.

The average sold price for a single family home INCREASED 2%

The average days on market has INCREASED to 30 Days.

The amount of available inventory is at 9 weeks / up from 2 weeks.

Thomas Tucker Greenwood Village Co 1.2023 Recolorado Infographic


Watch the video Below

Bottom Line
The amount of sales are down.  Home prices have decreased 2%  Denver Metro wide.  Some Counties have dropped more.
Douglas County down 4.4%
Arapahoe County down 4%
Jefferson County down 4.4%
Denver County down 4%

As a Buyer:::

The Market has turned in your favor and home prices have dipped!!  

There is less competition and your offers are more likely to get excepted.  As well as Inventory has increased dramatically!!

Many are concerned about interest rates.  But there are multiple avenues to combat such.  Seller concessions, to lending interest rates buy downs.

You can always refinance when rates drop.   And they will drop and when they do the competition is back and house prices surge again.


Even if the home isn’t the perfect home, Buy and in a few years you would have generated enough equity to buy the perfect home.

Nobody got wealthy without owning real estate.  It is a huge part of everyone’s financial success.

Treat your home for what it is.  An Asset that is a tool to create Wealth, Freedom and a Better Life!


Lets talk and put together a game plan!!   LET ME HELP YOU!!


CALL ME! **** 720-676-9484****

As a Seller:::

If you are looking to SELL!!  We definitely need to talk, ASAP!!!

Home values have fallen but not dramatically and home buyers are eager.  Lets talk and get your home sold!

The market has shifted but there are still plenty of Qualified Buyers looking to buy your home.

Call me Today!! 720-676-9484