Happy New Year! As we closed out 2023, home prices remained steady across Greater Metro Denver. The single-family home average closed price was $730,998, slightly higher than last December and relatively flat month-over-month. Condo/Townhome prices stayed strong as well, with the average closed price at $470,104, an increase of 0.9% year-over-year.

Total Closed Sales Since 2009

When looking at closed sales since 2009, 2023 most closely mirrors 2012. There were 40,444 closed sales in 2023, a 19% decline when compared to the prior year. Please see the graph below.

Total Closed Sales Since 2009

When looking at closed sales since 2009, 2023 most closely mirrors…

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