fi,M~ R~/MAX...fi,M~ R~/MAX .. PROFESSIONALS 7 COUNTY METROPOLITAN DENVER MARKET UPDATE JANUARY, 2019 Market Metrics: By the numbers, the inventory of available homes for sale is 5,034

fi,M~ R~/MAX .. PROFESSIONALS

7 COUNTY METROPOLITAN DENVER MARKET UPDATE JANUARY, 2019

Market Metrics:

By the numbers, the inventory of available homes for sale is 5,034 homes at December month end, 2,168 homes came onto the market, 2,518 homes went under contract, and 3,364 homes closed at a median sold price of $395 ,000 and an average sold price of $451 ,792 resulting in a closed dollar volume of $1.520 Billion.

Monthly Market Recap:

Single Family: Active Month End Inventory is 3,454 Sold Homes is 2,418 Average Price is $494,153 Median Price is $425 ,000 Average Days on Market is 48

Year To Date Market Recap:

Single Family: Sold Homes is 36,706 Average Sold Price is $512,638 Median Sold Price is $437,000 Average Days on Market is 32

Source: REcolorado.com- January 5, 2019

Condo: Active Month End Inventory is 1,580 Sold Homes is 946 Average Price is $343 ,517 Median Price is $294,650 Average Days on Market is 71

Condo: Sold Homes is 15,247 Average Sold Price is $347,036 Median Sold Price is $295,000 Average Days on Market is 58

The above representation for Single Family and Condo includes real estate activity in the counties of Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert, and Jefferson.

Market Facts:

The Metro Denver home market changed in 2018. 2019 overall will be a Seller' s market, many Buyers, and price appreciation. The last months have seen the number of active listings decreased, the number of homes sold decreased, the home price appreciation slowing down, buyer and seller demand changing, and mortgage interest rates increasing. As a Buyer or Seller, know what is happening in the home market and the local, state, and national economy.

Real estate is local. While the above is a representation of the Denver market as a whole, please contact a REIMAX Professional to better understand your specific real estate market.

~f/MAi' RI:/ MAX

W ® PROFESSIONALS METROPOLITAN DENVER REAL ESTATE STATISTICS

AS OF DECEMBER 31, 2018

Snapshot - 7 COUNTY Prior Prior Dec, '18 Month Year Ago Month

Residential (Single Family+ Condo)

Active Listings at Month End 5,034 6,804 3,443 -26.01% Number of New Listings 2,168 3,653 2,204 -40.65% Days on Market 55 45 49 22.22%

Sold 3,364 3,816 4,057 -11 .84% Average Sold Price $451,792 $453,527 $436,010 -0.38% Median Sold Price $395,000 $393,600 $382,500 0.36%

Single Family

Active Listings at Month End 3,454 4,798 2,448 -28.01% Number of New Listings 1,459 2,522 1,473 -42.15% Days on Market 48 39 44 23.08%

Sold 2,418 2,673 2,856 -9.54% Average Sold Price $494,153 $496,934 $476,775 -0.56% Median Sold Price $425,000 $425,000 $410,250 0.00%

Condo

Active Listings at Month End 1,580 2,006 995 -21.24% Number of New Listings 709 1,131 731 -37.31% Days on Market 71 59 61 20.34%

Sold 946 1,143 1,201 -17.24% Average Sold Price $343,517 $352,018 $339,069 -2.41% Median Sold Price $294,650 $293,750 $280,000 0.31%

This representation may or may not reflect all real estate activity in the market. Source: REcolorado.com -January 5, 2019

The above representation includes the Counties of Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert, and Jefferson.

Year Ago

46.21% -1 .63% 12.24%

-17.08% 3.62% 3.27%

41 .09% -0.95% 9.09%

-15.34% 3.64% 3.60%

58.79% -3.01% 16.39%

-21.23% 1.31% 5.23%

{ f/MAt-Rt::/ MAX .,

W ® PROFESSIONALS METRO POUT AN DENVER REAL EST ATE STATISTICS

AS OF DECEMBER 31, 2018

%

Snapshot - YTD Change YTD 2018 YTD 2017 YTD 2016 18vs'17


Active Listings at Month End 5,034 3,443 3,910 46.21% New Listings 62,911 61,760 62,084 1.86% Under Contract 48,061 54,198 52,695 -11 .32% Days on Market 39 36 33 8.33%

Sold 51,953 54,903 53,788 -5.37% Average Sold Price $464,038 $428,552 $396,829 8.28% Median Sold Price $405,000 $375,000 $347,500 8.00%

Single Family

Active Listings at Month End 3,454 2,448 2,919 41.09% New Listings 44,771 43,731 44,707 2.38% Under Contract 34,425 38,706 38,099 -11 .06% Days on Market 32 33 34 -3.03%


Condo

Active Listings at Month End 1,580 995 991 58.79% New Listings 18,140 18,029 17,377 0.62% Under Contract 13,636 15,492 14,596 -11 .98% Days on Market 58 42 32 38.10%


This representation may or may not reflect all real estate activity in the market. Source: REcolorado- January 5, 2019


%

Change 18 vs '16

-11.94% 1.33%

-8.79% 18.18% -3.41% 16.94% 16.55%

-16.14% 0.14%

-9.64% -5.88% -4.32% 16.37% 15.00%

0.40% 4 .39%

-6.58% 81.25% -1 .15% 20.43% 22 .92%

0 ro

_n ..... " '" _=>

.....

00

"T1 ro ~

.....

00

s "' _, .....

00

)>

~

• .....

)>

0

0

~

;;:·

ro •

s z

"' ro

":!'

-:;:

.....

.-- ;. 0

0

::J

~ •

c c

_=>

::J

.....

Q_

0

0

~

(")

0 ~ "' ~ !:.

. .....

• 0

0

V>

0 0

:

)>

c::

!1" .....

00

V>

ro

~ .....

00

0 ~ .....

00

z 0 _< .....

00

0 ro

_n .....

00

I I I

,_.

0 8 I I

N 0 0 0

1,4

t3

,744

},75

6

w

0 0 0

2,4

8 2,85

6

2,4

5

i. 70

0

-1>

l/1

8 8

0 0

1,97

1

2,p2

8 3,10

2

2 66

7

2,15

5 I

3,08

8

4,23

8

I 3,

29

3,03

0 3,36

4,~2

1

,752

3,29

4,28

E

3 68

3 3,97

3 I

3,*

8

I 4,

052

5,06

5

4,25

2

3,37

3 65

4

5,

4,22

0

2,98

3

,722

I

3,90

5

2 68

3

2,82

4

3,4

2

2,

26

2,94

3

~,79

8 2

,' 2

2

2,25

8 2 67

3

3,4

4

1,4t

: 1,82

3

2,4

8

7

en

0 0 0

38 ,7

51

5,56

3

" 0 8

...... s:

n t'D

0

...

1:

.... ::::

J 0

...

"C

<

0 V

)::

-· ...

::::J

Q)

O'Q

::::

J t'D

c

"T1

t'D

Q)

::::J

3 <

-·

t'D

-....

<

0 (!)

~(")

~

-...J

'--

OJ

~::J

~

00

, (!)

C"'

~

00

~

OJ

~"""'

• ....

.. )>

0

0

(")

..-+

;:::

· )>

(!

) "C

~""

"'

• .....

. z

00

(!

) :E ~

c:

OJ

VI

~

..-+

::J

......

(1Q

0

0

VI

'--

• c

c ~::

J

::J

~

a..

00

(!

) .....

n '-

-0

c ::J

.:

..-+

.....

O

J ~

(")

00

..-

+ •

)>

c V

l Q"O

0 a:

.....

. 0

0

Vl

(!)

"C -~

00

0 (")

~..-+

......

00

z 0 ~<

......

00

0 (!)

~(")

......

00

U1

0 0

~

b 0 0

!--'

U1

0 0

N b 0 0

3 2,11

4

N u,

0 0

2,20

06

s: "~

n""

'' 0

0 c:

"'g

::::s

=

r+

r+

<

OJ

n

:::l

0 c

:::l

tD

a..

:::l

0

<

tD ""''

"' bO s::: +""

"' ·-..... cv >

·-+"" u

'-<C

cv .... >

0

s::: >

cv

'-c

0 +""

s::: s:::

l'ts cv

+"" >

·-0

s::: -

~""C

0 s:::

l:;w

cv ..s::

~

+"" s::: 0 ~

>

+"" s::: ::s 0 u

f"oo,

0 0 0 en'

598'L

0 0 0 oo'

0 0 0 r--'

0 0 0 <.D'

0 0 0 lfl

0 0 0 ~-

0 0 0 ,.,..,-

08 '1

t>H'l £69

'

819 1 0£1'1

0 0 0 , .... j

500'1

1L6

566

00

~

u'

Q)

Cl

00

~

>' 0 z 0

0

~

....,-u 0 0

0

~

c: Q)

Vl

00

!"""'

t>.O :::J <l:

0 -o c 0

00

u

~

J :::J

2::

00

.E

"'

!"""' ....

c:' Q

)

Qi>

:::J c V

i

~ 0

0

!"""' >

ro -m

~

·.;; c Q

)

-o ·v; Q

) 0

0

cr: !"""'

f c.. <l:

00

!"""' '-ro ~

00

!"""' ..o'

Q)

u...

00

!"""' c:' ro

" !"""' u'

Q)

Cl

00

.;< u Q

J

0 00

.;<

>' 0 z 0

0

.;< ...,-u 0 0

0

.;<

0: Q

J V

'l

00

.;<

t>D ::::>

<{

V)

00

....

.;< QJ

a.o 0

>

c ::::>

""0 c

c +

" 0

QJ

V)

u

c ::i

00

+

c ==

.;< c'

"' QJ

::::> .?:-

+" z

.E "' 0

>

L.L

00

Q

J

c.

+"

.;< -so

0 c

8LZ'5

c >

V

i ....

::::s "' f

+"

0 ~

QJ

~

u ...... 0

0

.;< ..... -0

.. <

{

00

.;<

..... -"' ~ 00

.;< .n'

QJ

L.L

00

.;< c' "' ~ ,.....

.;< u

' Q

J

0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

<.o' L

J)--<r'

m'

N'

..... -

Metropolitan Denver 7 County Single Family Cumulative Days On Market

60

so 44 44

40

30

20 16

10 6

5 6

Dec, '17 Jan, '18 Feb, '18 Mar, '18 Apr, '18 May, '18 Jun, '18 Jul, '18 Aug, '18 Sep, '18 Oct, '18 Nov, '18 Dec, '18

..,._Average -e-Median

Metropolitan Denver 7 County Condo Cumulative Days On Market

90

80

80

70

60

50

40

30

20

10


..,._Average ~Median

Metropolitan Denver 7 County Single Family Days On Market

45

40

40

35 35

35

30

25

20

15

10

5

Dec, '17 Jan, '18 Feb, '18 Mar, '18 Apr, '18 May, '18 Jun, '18 Jul , '18 Aug, '18 Sep, '18 Oct, '18 Nov, '18 Dec, '18

~Average --Median

Metropolitan Denver 7 County Condo Days On Market

40

35 35

31 .. 30

25

20

~ 15

12 .. 10

6 ~ 5 5 ~

5 5

Dec, '17 Jan, '18 Feb, '18 Mar, '18 Apr, '18 May, '18 Jun, '18 Jul , '18 Aug, '18 Sep,'18 Oct, '18 Nov, '18 Dec, '18

-+-Average -4-Median

00

.:< u

' Q

)

0 00

.:<

£06 >' 0 z 0

0

6£0'1 .:< +-' u 0 00

60'1 .:< a: Q

) V

l

00

.:< b.O

:::J

<

..., u 0

0

'-n:J

.:< Q

J '-

0

> ...,

:::J -c

c: c:

c 0

QJ 0

u

0 u

0

0 +

'-

.:< c:

QJ

c' n:J

"'C

:::J ~

.'!::::: c:

.E

::::> ro

0 L.L.

c. >

00

Q

)

.:< "EO

0 ...,

£ 9

'£ >-

c

'-c:

ro V

i ...,

::s ::2: +

Q

J 0

~

u

00

...... zs '£

.:< ..... -a. <

00

.:< ..... -ro ::2:

00

.:< ..o' Q

) L.L.

00

.:< c

' ro ~

I'

.:< u'

Q)

0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 L

l) 0

Ll)

0 L

l) 0

Ll)

o:t' m-

m'

N'

N'

, ... .-...... -

......

!'-'

0 0

0 0

0 0

0 m

_,.., t->

-...1

'- Q.)

_::::~_

I 906

.....

. 0

0 ,., m

_r:r t->

00

s Q.)

.....

t->

00

)>

""0 ~

I 1,f

94 '

I s

f.S38 t

Q.)

~

t->

00

~I [,53

7 t I

~I

11451

~ I

)>

{488 J

c qt

l t->

00

Vl

1,2211

m

:.0

t->

0

0

0 ("')

_,..

.. t->

00

z 0 _< t->

00

0 m

['>_

I 946

.....

. 0

0

w

,.f:>.

lJ

1 _c

r. 0

0 0

0 0

0 0

0 0

0 0

0

3,2i1

' I ~

685

I "' n

3,9~

0

'15+

~ ~

I 4,0

52}

I s:~

) 5,18

9 a i

::r

-·

13,654

(

1 1(

5 ,105

I -r+

<

D

J n

::J

-c

0 t'D

3,7:)

y 5,21

0 (I

t ::J

t'D

<

Q

.t'D

:::1:

""''

2,824 \f

r-6

0 3 tt

) (It

+ +

f n

V>

:xJ

o 3·

m

::

I cro

~

-a.

-

a.

o m

m

,.

, ::

I Q

.)

,...

.

~-~

-<

$575,000

$550,000

$525,000

$500,000

$475,000

$450,000

$425,000

$400,000

$375,000

$350,000

$325,000

$300,000

$275,000

$250,000

$225,000

$200,000

$175,000

$150,000

$125,000

Metropolitan Denver

7 County Monthly Average Sales Price

..... ..... """"""" ~

0 .....

~ 0) 0 ~ N ~ \.0 0) ...........-: " \.0 «:1" ~ 0) -.-- ('(') ..... .-t ('(')

~' 00 " " 0) U') N 0), 0) o::t «:1" m N R. .-t U') ~ ~ ~ \.0 .-t 0)

U')

U') .-t -(/). \.0 .-t ~ U')' U') -(/). ~ q-'

U') \.0' «:t' «:1" "(/}

" U') ~ ~ ~ 0)

\.0' 00 «:1" «:1"

-(/). -(/). -(/). -(/).

" ;:A

- -- ---«:1" - ---- - - !=::;

N ~ - - .... 00 ,.,.. "

("() .... U') .-t .... \0 N ("()

\.0 N ~, 00 «:1" 0) ;;;;. ':f C!. .-t ("() 0 ~' ("() 0) U')

o, \.0 ~ \.0 "' 0 N rro' U')' ' U') m' U') m'

;v., «:1" "M «:1" ('(') -(/). V >

~ «:1" ("() ;v., -(/). «:1"

("() ("() "(/} ("() -(/). ("()

~ "(/} -(/). -(/). "(/} "(/} ~ -(/).


-+-Single Family

- Condos

$475,000

$450,000

$425,000

$400,000

$375,000

$350,000

$325,000

$300,000

$275,000

$250,000

$225,000

$200,000

$175,000

$150,000

$125,000

$100,000

Metropolitan Denver 7 County Monthly Median Sales Price

..... _.,.,. '""

~

~ ----........... ~ 0 g ("() ...... 0 0 .... ...,.. 0 0 0 ".. 0 ~ '"" 0 O'l N 00 O'l r--' 0 ..... 1..1') o) 1..1')

o::t o::t 1..1') 0 g 0 0 o::t o::t ... - 0 0 0

0 0 ("() o::t ~

"(/). "(/). "(/). ("() '""':. 0 '-', '""':. 1..1') 0 o::t "(/). o::t 1..1') ("() 1..1') 1..1') N LJ) "(/). "(/).

~ o::t ~ ~ rl o::t

"(/). "(/). "(/).

o::t "(/). "(/).

~ -- -~0 - - 0

0 - - - -- g 00 ....... ,...., 0 0 0 00 0 0 0

0 0 0 0 1..1') '-', 0 0 o) 0 r:... I.D 0 0 ~

0 0 0 0

~ 0

~ gf ~-g 0 .-t' N ' ("() ~ N' g) 0 N J:. N N "(/). J:. N "(/). J:. N N 00 00 "(/). "(/). "(/). "(/). "(/).

N ~ ~---


~Single Family

- Condos

• { f/MA} Rf/ MAX . .., PROFESSIONALS

Metropolitan Denver Real Estate Statistics Rolling Three Month Information DECEMBER, 2018

SINGLE FAMILY

Month #Active #Sold Median Average YTD YTD

Sold Sold # Median

Price Price Sold Sold

Price

OCT 5,563 2,943 $430,000 $515,737 31,615 $439,900 NOV 4,798 2,673 $425,000 $496,934 34,288 $438,000 DEC 3,454 2,418 $425,000 $494,153 36,706 $437,000

CONDOMINIUMS AND TOWNHOUSES

Month #Active #Sold Median Average YTD YTD Sold Sold # Median

Price Price Sold Sold

Price

OCT 2,209 1,275 $295,000 $339,048 13,158 $295,000 NOV 2,006 1,143 $293,750 $352,018 14,301 $295,000 DEC 1,580 946 $294,650 $343,517 15,247 $295,000

Source: REcolorado.com -January 5, 2019

The above representation may or may not reflect all real estate activity in the market.


YTD

Average

Sold

Price

$515,520 $514,109 $512,638

YTD Average

Sold

Price

$346,812 $347,292 $347,036

~ flt'/ M-')(

Rf/ MAX • • • PROFESSIONALS Metropolitan Denver Real Estate Trends 7 County December, 2018

Single Family Condo Price Range Sold Active MOl Sold Active MOl

$0 to $99,999 3 3.00 2 9 4.50 $100,000 to $199,999 8 3 0.38 123 133 1.08 $200,000 to $299,999 164 115 0.70 370 412 1.11 $300,000 to $399,999 836 580 0.69 224 322 1.44 $400,000 to $499,999 627 798 1.27 101 261 2.58 $500,000 to $699,999 519 1,021 1.97 81 235 2.90 $700,000 to $999,999 176 435 2.47 32 135 4.22 $1 ,000,000 to $1,999,999 76 349 4.59 13 63 4.85 $2,000,000 and over 11 150 13.64 10

TOTALS 2,418 3,454 1.43 946 1,580 1.67

The above representation reflects the monthly sold and month end active listings.

Single Family Sold % Condo Sold % Price Range Dec, '18 Nov, '18 Change Dec, '18 Nov, '18 Change

$0 to $99,999 0.00% 2 7 -71.43% $100,000 to $199,999 8 8 0.00% 123 135 -8.89% $200,000 to $299,999 164 188 -12.77% 370 456 -18.86% $300,000 to $399,999 836 915 -8.63% 224 270 -17.04% $400,000 to $499,999 627 711 -11.81% 101 116 -12.93% $500,000 to $699,999 519 538 -3.53% 81 102 -20.59% $700,000 to $999,999 176 217 -18.89% 32 44 -27.27% $1 ,000,000 to $1 ,999,999 76 78 -2.56% 13 8 62.50% $2,000,000 and over 11 17 -35.29% 5 -100.00%

TOTALS 2,418 2,673 -9.54% 946 1,143 -17.24%

The above representation reflects the monthly month over month sold comparison.

Single Family Sold % Condo Sold % YTD YTD Change YTD YTD Change

Price Range Dec, '18 Dec, '17 Dec, '18 Dec, '17

$0 to $99,999 20 29 -31.03% 52 159 -67.30% $100,000 to $199,999 116 235 -50.64% 1,923 3,157 -39.09% $200,000 to $299,999 2,164 4,597 -52.93% 5,888 6,514 -9.61% $300,000 to $399,999 11 ,496 13,508 -14.89% 3,508 3,006 16.70% $400,000 to $499,999 9,874 9,186 7.49% 1,772 1,538 15.21% $500,000 to $699,999 8,426 7,418 13.59% 1,369 1,019 34.35% $700,000 to $999,999 3,024 2,552 18.50% 569 488 16.60% $1 ,000,000 to $1 ,999,999 1,360 1,124 21.00% 140 163 -14.11% $2,000,000 and over 226 196 15.31% 26 14 85.71%

TOTALS 36,706 38,845 -5.51% 15,247 16,058 -5.05%

The above representation reflects the year to date year over year sold comparison.

MOl = Month's of Inventory

The above representations may or may not reflect all real estate activity in the market.

The above representations include the counties of Adams, Arapahoe,

Broomfield, Denver, Douglas, Elbert, and Jefferson.

Source: REcolorado.com - January 5, 2019

Jan

, '14

Feb,

'14

Mar

, '1

4

Apr

, '14

May

, '1

4

Jun

, '14

Jul,

'14

Aug

, '1

4

Sep

, '1

4

Oct

, '1

4

Nov

, '14

Dec

, '14

Jan,

'15

Feb

, '15

Mar

, '1

5

Apr

, '15

May

, '1

5

Jun

, '15

Jul,

'15

Aug

, '1

5

Sep

, '1

5

Oct

, '1

5

Nov

, '15

Dec

, '15

Jan

, '16

Feb

, '16

Mar

, '16

Apr

, '1

6

May

, '16

• Ju

n, '

16

"' Ju

l, '1

6 0 c:

Aug

, '1

6

Sep

, '1

6

Oct

, '1

6

Nov

, '16

Dec

, '16

Jan,

'17

Feb

, '17

Mar

, '17

Apr

, '1

7

May

, '17

Jun

, '17

Jul,

'17

Aug

, '1

7

5ep,

'17

Oct

, '1

7

Nov

, '17

Dec

, '17

Jan,

'18

Feb

, '18

Mar

, 18

Ap

r, '1

8

May

, '1

8

Jun,

'18

Jul,

'18

Aug

, '18

5ep,

'18

Oct

, '1

8

Nov

, '1

8

Dec

, '18

~ g 0

N

0 g w

0 g

£,~'+

L,'I~O

L,~LO

L,~4~

"' 0 g ~~~

ln

0 0 0

-"' 0 0 0

'I,'IU

'I

~,LU ~.~<

~.4bj

~,ULO

" ~~~

'1,

~~

~.

P"

,82

1

~~~9

3,

12

3,6~

7

0. feu

4,

190

'1,6\ 2

65 ~ol£8

" g 0

6,29

8

6,10

3

6,09

8

5,93

9

7,25

6

6,88

8

7,4

1

7,22

7

6 77

7

6,06

6

< <

1 17

5,915

E

787

•,oo~

~,LUO

6,92

6

~,ULb

6,8

97

"· p~

6,

6 7

j,~'l'

5,21

5

0. q_

qo.

4,4

25

.,o

oo

3,

889

j,U~j

3,6

7

4.P

,~B5

4

,4U~

,845

~.&J

~."~

" 6,

234

~.u~~

,858

~.jjl>

6,

22

~,UL~

7,04

3

'1,0

6,23

5

> n

• 4,

389

l Q

: 0

4,3

19

j,H

3,

E 5

j,U~

b 3,

53

ll,'\

t,~

9

'1,55

81

3

" '4

?,5

1

'~"

6,23

7

~.14~

6,50

E

~.~LL

6,50

E

"· ~~j

6,

33

'+,0

. ~ 5,

5 8

4.a~

O

.lll

lO.

4,0

57

:,o.

3,

426

j,l~

j 3,

6 3

·~~7

9 4,~~

~5

~.53.

04

~.~<

6,5

5

~.1u~

6 76

2

~,LlU

7,31

i

'+,U'

+O

'I,Ll~

.~lb

,804

~.~o<+

5,03

4

0 _oo g 0

,865

7[?72

"' 0 0 0

"""'

n 0 c z ~s:

s;m

0~

zo

-t

"'C

:l

:O

m!:

: z:;

o

z

)>

0

qm

-z

~<

)>m

z:

::a

0 VI 0 .- 0

METROPOLITAN DENVER REAL ESTATE STATISTICS AS OF DECEMBER 31 , 2018

Snapshot - YTD I I YTD 2018 I YTD 2017 YTD 2016 YTD 2015 YTD 2014


Active Listings at year end 5,034 3,443 3,910 3,993 3,843 New Listings 62,911 61,760 62,084 63,157 59,293 Days on Market 39 36 33 30 36

Sold 51,953 54,903 53,788 53,933 51,895 Average Sold Price $464,038 $428,552 $396,829 $361 ,303 $324,282 Median Sold Price $405,000 $375,000 $347,500 $312,000 $274,900 Closed $$Volume $24,108,166,214 $23,528,790,456 $21,344,638,252 $19,486,154,699 $16,828,614,390

Single Family

Active Listings at year end 3,454 2,448 2,919 3,148 3,081 New Listings 44,771 43,731 44,707 45,237 43,188 Days on Market 32 33 34 31 38

Sold 36,706 38,845 38,363 37,989 37,457 Average Sold Price $512,638 $474,949 $440,517 $404,748 $363,073 Median Sold Price $437,000 $408,000 $380,000 $346,000 $305,000 Closed $$Volume $18,816,890,428 $18,449,393,905 $16,899,553,671 $15,375,971 ,772 $13,599,625,361

Condo

Active Listings at year end 1,580 995 991 New Listings 18,140 18,029 17,377 Days on Market 58 42 32

Sold 15,247 16,058 15,425 Average Sold Price $347,036 $316,316 $288,173 Median Sold Price $295,000 $266,958 $240,000 Closed $$Volume $5,291 ,257,892 $5,079,402,328 $4,445,068,525

This representation may or may not reflect all real estate activity in the market. Source: REcolorado - January 5, 2019


845 762 17,920 16,105

27 32 15,944 14,438

$257,787 $223,648 $211,000 $180,000

$4,110,155,928 $3,229,029,824

% % % % Change Change Change Change 18 vs '17 18 vs '16 18 vs '15 18 vs '14

46.21% 28.75% -13.77% 30.99% 1.86% 1.33% -0.39% 6.10% 8.33% 18.18% 30.00% 8.33%

-5.37% -3.41% -3.67% 0.11% 8.28% 16.94% 28.43% 43.10% 8.00% 16.55% 29.81% 47.33% 2.46% 12.95% 23.72% 43.26%

41 .09% 18.33% -22.24% 12.11% 2.38% 0.14% -1 .03% 3.67%

I -3.03% -5.88% 3.23% -15.79%

I -5.51% -4.32% -3.38% -2.00% 7.94% 16.37% 26.66% 41 .19% 7.11% 15.00% 26.30% 43.28% 1.99% 11 .35% 22.38% 38.36%

58.79% 59.43% 17.75% 107.35% 0.62% 4.39% 1.23% 12.64%

38.10% 81.25% 114.81% 81.25% -5.05% -1 .15% -4.37% 5.60% 9.71% 20.43% 34.62% 55.17%

10.50% 22.92% 39.81% 63.89% 4.17% 19.04% 28.74% 63.87%

Documents

fi,M~ R~/MAX...fi,M~ R~/MAX .. PROFESSIONALS 7 COUNTY METROPOLITAN DENVER MARKET UPDATE JANUARY, 2019 Market Metrics: By the numbers, the inventory of available homes for sale is 5,034