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October Real Estate Market Report: Denver Metro Area

The Best Time in 2023 to be a Denver Area Home Buyer? Right Now.

Denver Real Estate Market Report

The Best Time in 2023 to be a Denver Area Home Buyer? Right Now.

By David Schlichter 

If you've been thinking about buying a new home, based upon our analysis of the local real estate market and macroeconomic trends, right now appears to be the best time of the entire year to do so.  

Denver metro Q2–Q3 2023 real estate market comparison chart with sales, showings, days on market, and prices.

As you can see from the stats above, the Denver real estate market is cooling down.  This shouldn't be a surprise given the seasonality of our market, but the cool-down is more pronounced this year than in years past.  In this video, David Schlichter provides an overview of the current market conditions and describes how right now is likely the best time in 2023 for buyers to purchase a home!

As always, please reach out if there is anything we can do for you!

 

Denver Metro Area: September Market Snapshot

September year-over-year market snapshot comparing Denver-area home sales, showings, days on market, and prices.

September Denver metro real estate market snapshot comparing August and September 2023 figures.

September Denver metro real estate snapshot comparing condos, single-family homes, and properties priced at $1M or more.

 

Denver Metro Area: Q3 Market Snapshot

Denver-area Q3 market snapshot comparing 2022 and 2023 home sales, showings, market time, prices, and sale-price ratios.

Denver metro Q2–Q3 2023 real estate market statistics and percentage changes.

Q3 Denver metro real estate market snapshot comparing condos, single-family homes, and $1 million-plus properties.

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