Arapahoe County Monthly Market Update – Single Family Homes

Arapahoe County Overview Single Family Homes (Detached)

Information provided by IRES and Metrolist Information Services.

ARAPAHOE COUNTY SINGLE FAMILY HOMES 2018 YTD 2019 % Change
Total Units Sold 7602 397 Insufficient YTD Data
Average Sales Price $493,199 $451,540 -8.4%
Median Sales Price $410,000 $390,000 -4.9%
Average Days to Contract 27 43 +59%

 

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES 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 $500k                 45% 46% 53% 54% 60%
$500K – $750k                 31% 32% 40% 36% 42%
$750k-$1MM                 26% 30% 27% 25% 29%
$1mm+                 22% 24% 26% 18% 20%
OVERALL % U/C                 38% 39% 46% 44% 50%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES 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’
                  1955 1836 1505 1231 1313

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES 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’
                  527 589 582 509 381

 

(Single Family Homes – Absorption Rate in Months) Based off 6-month sales average

SINGLE FAMILY HOMES 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’
                  3.7 3.29 2.58 2.23 2.53