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Denver's 2020 Real Estate Market Was Record-Breaking


Denver’s 2020 Real Estate Market Saw an Unprecedented Number of Records Broken
And just because we re in a new calendar year doesn t mean that the industry is slowing down. Cassidy Ritter •  
January 13, 2021
If you’ve been following along at all this year, you probably already know that 2020 was a record-breaking year for Denver’s housing market. The 11-county metro area saw historic sales, unparalleled price increases, and months of low inventory, even as a global pandemic swept through the state. What can we say? Homeownership in Denver is just that desirable.
Year-over-year, Denver’s real estate market saw a nearly two percent decline in new listings and a seven percent increase in closed listings. But these numbers didn’t seem to scare away buyers. The year ended with nearly 63,000 homes sold, up nearly seven percent from 2019, according to the year-end report by the Denver Metro Association of Realtors (DMAR). ....

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