Arapahoe County Monthly Market Update – Condominium/Townhome

Arapahoe County Overview Condominium/Townhome (Attached)

Information provided by IRES and Metrolist Information Services.

YTD Comparison

ARAPAHOE COUNTY ATTACHED DWELLINGS 2018 YTD 2019 % Change
Total Units Sold 3872 191 Insufficient YTD Data
Average Sales Price $277,699 $275,064 -8.9%
Median Sales Price $260,000 $250,000 -3.8%
Average Days to Contract 26 40 +54%

 

(Attached Dwelling – % Under Contract)

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
UNDER $250k                 51% 46% 52% 55% 53%
$250K-$500K                 43% 44% 39% 37% 46%
$500k-$750K                 38% 44% 44% 43% 48%
Above $750K+                 16% 22% 29% 33% 29%
OVERALL % U/C                 45% 44% 44% 43% 48%

 

(Attached Dwelling – Inventory)

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
                  940 898 774 633 746

 

(Attached Dwelling – # Sold)

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
                  288 338 307 245 184

 

(Attached Dwellings – Absorption Rate in Months) Based off 6-month sales average

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
                  3.26 2.87 2.48 2.15 2.73