The Real Estate Market Report for Denver: May 2021
Welcome to the May 2021 real estate market report for the Denver area.
Much like the rest of 2021, May was a very hot month for the Denver housing market. As the number of closed listings has increased since last year and the number of new listings has decreased, Denver is a seller’s market with only 0.6 months of supply. Home prices have appreciated 23% since last year, with the median sale price topping out at $525,000. With houses only on the market for an average of 15 days, the Denver market remains extremely competitive.
You can review the full numbers in the infographic below:
Check back next month to see how Denver's housing market performed in June.
Say goodbye to the days of needing to sell your home before buying a new one. There’s an easier way, and our FREE guide breaks down how it can work for you.
On top of Orchard’s Home Sale Guarantee, we list, prep, and show your old home after you’re all moved out.
Grow your business and make $50-$70K more per year.
When you list with Orchard, we’ll get your home show-ready and make repairs to increase your home’s value at no upfront cost.
Orchard guarantees your home will sell, so you can buy your next one worry-free.
On top of Orchard’s Home Sale Guarantee, we list, prep, and show your old home after you’re all moved out.
Use our home sale calculator to estimate your net proceeds.
Our Home Advisors are experienced local agents who know how to sell for top dollar and help win your dream home.
All Orchard Home Advisors are experienced agents who know your local market inside and out. Request a consult today.
Did you know cash offers are 4x more likely to be chosen by a seller? Let us help you make one on your next home.
Get the most accurate free home valuation — in minutes
Orchard Home Loans shops the market to find your best rates.
A cash offer is 4x more likely to be chosen by a seller. Get qualified today.
Make a cash offer now, and Orchard will sell your old home after you move.
Tell us your must-haves to see personalized home recommendations that meet your criteria.
With Orchard, secure your dream home before you list. Avoid home showings, rentals, and double moves.
Learn More
