Arapahoe County Monthly Market Update – Single Family Homes

Arapahoe County Overview Single Family Homes (Detached)

Information provided by IRES and Metrolist Information Services.

 

(Single Family Homes – % Under Contract)

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

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES 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’
                    1955 1836 1505 1231

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES 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’
                    527 589 582 509

 

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

SINGLE FAMILY HOMES 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’
                    3.7 3.29 2.58 2.23

 

 

ARAPAHOE COUNTY SINGLE FAMILY HOMES 2017 YTD 2018 % Change
Total Units Sold 8450 7602 -10%
Average Sales Price $453,874 $493,199 +8.7%
Median Sales Price $382,225 $410,000 +7.27%
Average Days to Contract 28 27 -3.6%