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Colorado Springs Real Estate Market Updates- November 2023
Denver Market Stats and Observations for November 2023
ACTIVE LISTINGS
- 6,700 currently
- Down 11% from Oct ’23 (about a normal seasonal decline)
- Up 7% from this time last year
- The number of new listings in Nov ’23 was up +1% from Nov ‘22
PENDING
- 2,700 currently
- Down 10% from Oct ’23 (about a normal seasonal decline)
- Up 4% from this time last year
- The number of new pending in Nov ’23 was up +4% from Nov ‘22
- An initial good sign for building inventory.
CLOSED
- 2,660 this month
- Down 16% from Oct ’23 (about a normal seasonal decline)
- Down 14% from this time last year
AVERAGE PRICE
- $660K average
- Down 3% from Oct ’23 (about a normal seasonal decline)
- Up 0.4% from this time last year
- Stable pricing
DAYS ON MARKET
- 38 currently
- 34 days last year
- Increasing a little ,but generally stable.
DISCOUNTS
- 1.5% now vs. 1.7% this time last year.
Denver Housing Trends for November 2023
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