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February Market Update

Between August 2020 and August 2021, home prices across the United States and Canada rose to record levels, with the U.S....

Erin Brumleve

February 15th, 2022

1 min read

Between August 2020 and August 2021, home prices across the United States and Canada rose to record levels, with the U.S. housing market rising to a record of 19.9% and the Canadian housing market rising to a record 21.4%.

2022 stands to be another strong year for sellers. If you're thinking about selling your home, being aware of the trends in the Denver market will help you understand the strength of the market.

Our monthly Denver market update showcases everything you need to know about local real estate trends over the last month.

February Market Update for Denver

5,173

New Listings

1,184

Active Listings

5,629

Under Contract

2,847

Closed Sales

Homes Sold

101.8%

Sale-to-List Price

$609,132

Average Sales Price

0.4

Months of Supply

20

Average Days on Market

$284

Average Price per Square Foot

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About the author

Erin Brumleve

303-681-7913

2024 - 2020 Honoree, Diamond Level, Denver Metro Association of Realtors Excellence Award 2022, 2020: Diamond Status in a Partnership, Denver Metro Association of Realtors CLHMS, Certified Luxury Home Marketing Specialist/ Member, Institute for Luxury Home Marketing Erin Brumleve has spent over 20 years guiding people through life transitions—first as a licensed professional counselor and art therapist, and for the past 11 years as a trusted Denver Realtor. A Colorado resident of 19 years, she brings deep expertise in local market trends, architecture, and neighborhood nuance. Known for her concierge-level service and strategic negotiation skills, Erin is passionate about giving back and has held leadership and volunteer roles with organizations including the American Diabetes Association, Downtown Denver Partnership, and the GLBT Center of Colorado. She also plays an active role in her neighborhood’s social committee. Outside of work, you’ll find Erin outside. Or spending time with her two cat babies—Lucy and Lloyd. “We are what we repeatedly do. Excellence, then, is not an act but a habit.” – Will Durant, The Story of Philosophy (1926)