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August Market Upd8

August Denver Market Report If you’re thinking about selling your home, it's important to have a good understanding...

Erin Brumleve

August 11th, 2020

1 min read

August Denver Market Report

If you’re thinking about selling your home, it's important to have a good understanding of what’s going on in the Denver market.

Knowing the most important data such as the average sales price, number of homes sold, and days on market will better prepare you to sell your home.

Our August market report showcases everything you need to know about local real estate trends.

$528,564

Average Sales Price

1.4

Months of Supply

28

Average Days on Market

$230

Average Price per Square Foot

Homes Sold

99.8%

Sale-to-List Price

9,687

New Listings

8,613

Active Listings

10,211

Under Contract

8,894

Closed Sales

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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)