Here's how the real estate market looked as we closed out the year 🏡

As we closed out the year, we saw typical seasonal slowdowns to the real estate market across the Colorado Front Range, except in the Colorado Springs area, El Paso County, and north of Denver in Weld County, which both had increases to demand from the previous year. The greater Denver area, Boulder County, and Fort Collins, Larimer County, all saw decreases to demand and increases to their days on market. Most markets across the Front Range saw increases to the average price of single-family detached homes and decreases to condos and townhomes. The exceptions were Boulder County with increases to both and Fort Collins/Larimer County which saw the exact opposite with decreases to single-family prices and increases to condo and townhome prices. Our days on market are between 55 to 63 days in all of these markets with Boulder and Colorado Springs areas being the highest. Our month's supply of inventory are also between 1.9 months and 3.7 months across the Colorado Front Range, with the greater Denver area having the lowest at 1.9 months and Colorado Springs area having the highest at 3.7.