Arapahoe County Monthly Market Update – Condominium/Townhome

Arapahoe County Overview Condominium/Townhome (Attached)

Information provided by IRES and Metrolist Information Services.

 

(Attached Dwelling – % Under Contract)

 

ATTACHED DWELLINGS 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’
UNDER $250k 51% 46% 52% 55%
$250K-$500K 43% 44% 39% 37%
$500k-$750K 38% 44% 44% 43%
Above $750K+ 16% 22% 29% 33%
OVERALL % U/C 45% 44% 44% 43%

 

(Attached Dwelling – Inventory)

ATTACHED DWELLINGS 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’
  940 898 774 633

 

(Attached Dwelling – # Sold)

ATTACHED DWELLINGS 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’
  288 338 307 245

 

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

ATTACHED DWELLINGS 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’
  3.26 2.87 2.48 2.15

 

YTD Comparison

ARAPAHOE COUNTY ATTACHED DWELLINGS 2017 YTD 2018 % Change
Total Units Sold 4160 3872 -6.9%
Average Sales Price $251,316 $277,699 +10.5%
Median Sales Price $234,750 $260,000 +10.76%
Average Days to Contract 20 26 +30%