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Real Estate Market Update for Denver, CO
Welcome to January's Market Update. Lets take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 38% from one year earlier, and down 32% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 560-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 10%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 390-thousand dollars. The number of units sold was consistent year-over-year, and decreased 7% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for Denver, CO
Area Information for Denver, CO
  • Population: 691,498
  • Median Age: 36.05 yr
  • Median Commute Time: 24 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 4,517/sq mi
  • Population Change Since 2000: 24.69%
  • Closest Airport: Denver International
  • Closest College: Colorado School-traditional Chinese Med
  • Closest Jr. College: Lincoln College Of Technology
  • Median Household Income: $57,458
  • Annual Residential Turnover: 22%
  • Median Home Sales Price: $323,500
  • Closest Major Sports Team: Colorado Rockies
  • Change Avg. Household Income Since 2000: 50.62%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Denver, CO
Median Age: 36.05 Married: 31% Number of Households: 307,141 Households with Children: 69,338
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Denver, CO

      School Name Distance Type Grades School Rating Parent Rating
      Good Shepherd Catholic School 0.2 mi Catholic PRESCHOOL-8 0 0
      East High School 0.9 mi Public 9-12 4 4
      Denver Center For 21st Learning At Wyman 1.1 mi Public 6-12 0 0
      Morey Middle School 1.3 mi Public 6-8 4 0
      Graland Country Day School 1.4 mi Private PRESCHOOL-8 0 0
      Emily Griffith High School 2.0 mi Public 9-12 0 3
      Denver Center For International Studies 2.0 mi Public 6-12 3 3
      West Leadership Academy High School 2.1 mi Public 6-12 0 0
      West Generation Academy High School 2.1 mi Public 9-12 0 5
      Manual High School 2.1 mi Public 9-12 0 3
      Girls Athletic Leadership Middle School 2.1 mi Public 6-8 4 4
      La Academia At The Denver Inner City Parish 2.1 mi Private 7-12 0 0
      South High School 2.5 mi Public 9-12 2 4
      Venture Prep 2.5 mi Public 9-12 0 2
      Odyssey Charter Elementary School 2.8 mi Public K-8 4 0
      George Washington High School 2.8 mi Public 9-12 3 3
      Denver Green School 2.9 mi Public PRESCHOOL-4 4 4
      Stanley British Primary School 2.9 mi Private K-8 0 0
      Denver School Of The Arts 3.0 mi Public 6-12 5 4
      Bruce Randolph School 3.0 mi Public 6-12 0 4
      Kipp Denver Collegiate High School 3.2 mi Public 9-12 3 3
      Bishop Machebeuf High School 3.4 mi Catholic 9-12 0 4
      Accelerated Schools 3.6 mi Private K-12 0 0
      Denver School Of Science And Technology: Stapleton High School 3.7 mi Public 9-12 5 4
      Denver Waldorf School 3.7 mi Private PRESCHOOL-12 0 0
      Academy Of Urban Learning 3.8 mi Public 9-12 0 0
      Denver Academy 3.9 mi Private 1-12 0 0
      Valdez Elementary School 3.9 mi Public K-5 4 5
      Fred N Thomas Career Education Center Middle College Of Denver 4.1 mi Public 9-12 2 4
      Strive Prep - Excel 4.1 mi Public 9-12 0 3
      North High School 4.1 mi Public 9-12 1 4
      Online High School 4.3 mi Public 9-12 3 3
      Strive Prep - Smart 4.5 mi Public 9-12 0 3
      Strive Prep - Westwood 4.5 mi Public 6-8 1 3
      Respect Academy At Lincoln 5.1 mi Public 9-12 0 5
      Abraham Lincoln High School 5.1 mi Public 9-12 0 3
      Denver Jewish Day School 5.3 mi Private K-12 0 0
      Brady Exploration School 5.5 mi Public 10-12 0 3
      Kunsmiller Creative Arts Academy 5.8 mi Public K-12 1 0
      Arrupe Jesuit High School 5.8 mi Catholic 9-12 0 4
      Thomas Jefferson High School 5.9 mi Public 9-12 3 4
      Southmoor Elementary School 6.0 mi Public PRESCHOOL-5 4 5
      Southwest Early College Charter School 6.0 mi Public 9-12 1 3
      Dsst College View Middle School 6.2 mi Public - 2 3
      High Tech Early College (471) 6.4 mi Public 9-12 0 4
      Summit Academy 6.4 mi Public 6-12 0 4
      Jefferson County Open Elementary School 6.7 mi Public PRESCHOOL-6 3 4
      Jefferson County Open Secondary 6.7 mi Public 7-12 2 4
      New America School 6.7 mi Public 9-12 0 0
      Overland High School 6.8 mi Public 9-12 1 3
      Mullen High School 6.8 mi Catholic 9-12 0 4
      Valley View K-8 6.9 mi Public K-8 1 0
      Prairie Middle School 6.9 mi Public 6-8 1 0
      Denver Street School 7.0 mi Private 9-12 0 0
      M. Scott Carpenter Middle School 7.1 mi Public 6-8 1 3
      Alameda International High School 7.1 mi Public 9-12 1 3
      Colorado's Finest Alternative High School 7.2 mi Public 9-12 0 0
      Lester R Arnold High School 7.2 mi Public 10-12 0 0
      South Lakewood Elementary School 7.3 mi Public K-6 3 3
      Adams City High School 7.4 mi Public 9-12 0 3
      John F Kennedy High School 7.5 mi Public 9-12 1 4
      Global Leadership Academy 7.5 mi Public PRESCHOOL-12 0 0
      Gateway High School 7.7 mi Public 9-12 0 3
      Dcis At Montbello 7.8 mi Public 6-12 0 4
      Lakewood High School 8.1 mi Public 9-12 4 4
      Wheat Ridge High School 8.2 mi Public 9-12 2 4
      Colorado Academy 8.3 mi Private PRESCHOOL-12 0 0
      Denver Christian Schools 8.6 mi Private PRESCHOOL-12 0 0
      The Pinnacle Charter School (high) 8.7 mi Public 9-12 1 3
      Academy High School 8.9 mi Public 9-12 1 3
      Mapleton Expeditionary School Of The Arts 8.9 mi Public 7-12 1 4
      Mapleton Early College 8.9 mi Public 9-12 1 3
      Collegiate Preparatory Academy 9.2 mi Public 9-10 0 3
      Noel Community Arts School 9.2 mi Public 6-12 0 4
      York International 9.4 mi Public K-12 1 0
      Bear Creek High School 9.4 mi Public 9-12 3 3
      Thornton High School 9.6 mi Public 9-12 0 3
      Vista Academy High School 10.0 mi Public 6-12 0 4
      Denver School Of Science And Technology: Green Valley Ranch 10.0 mi Public 6-6 4 4
      D'evelyn Junior/senior High School 10.2 mi Public 7-12 5 4
      Warren Tech 10.2 mi Public 9-12 0 4
      Mc Lain High School 10.4 mi Public 9-12 0 0
      Mc Lain Community High School 10.4 mi Public 8-12 0 3
      Green Mountain High School 10.4 mi Public 9-12 4 4
      Northglenn High School 10.6 mi Public 9-12 1 3
      Columbine High School 10.6 mi Public 9-12 3 4
      Governor's Ranch Elementary School 10.7 mi Public K-6 4 5
      Martin Luther King Jr. Early College 11.0 mi Public 6-12 1 4
      Vantage Point 11.7 mi Public 9-12 0 4
      Stem School 12.5 mi Public K-8 5 0
      Rocky Mountain Lutheran High School 12.5 mi Private 9-12 0 0
      Summit Ridge Middle School 12.8 mi Public 7-8 4 0
      Second Creek Elementary School 13.2 mi Public K-5 3 5
      Cornerstone Christian Academy 13.2 mi Private PRESCHOOL-12 0 0
      Pathways Futures Center 13.4 mi Public 11-12 0 0
      Community Christian 13.4 mi Private PRESCHOOL-12 0 0
      Chatfield High School 13.5 mi Public 9-12 4 4
      Dakota Ridge Senior High School 13.5 mi Public 9-12 4 4
      Mountain Range High School 13.6 mi Public 9-12 2 3
      Collegiate Academy Of Colorado 14.0 mi Public K-12 2 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Denver, CO
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.