mi le h i m oder n mar ket report DENVER + BOULDER
Q.2
2021
the seasonality of sales This time last year, uncertainty reigned as worldwide shutdowns triggered a pivot across all industries. Now, with local businesses and community staples reopening, the outside world has begun to extend its arms and embrace us once again. Despite the increasing temperatures, the market typically cools down in the summer. However, this historic moment in the industry has not left much room for the usual expectations. Low inventory, enviable interest rates and a coveted location have kept the Front Range market hot, offering sellers an additional “busy” season to get their properties showcased and sold in a record amount of time. With loosened travel restrictions, competition amongst buyers may be the only factor that is cooling down — but that hasn’t stopped the most determined individuals. Sellers should be aware of the savviness coming from seasoned buyers and select their listing brokers based on the value adds that will make their home stand out in a meaningful and artfully driven way.
Carmelo Paglialunga + Carla Thompson milehimodern owners
OUTDOOR OASIS LINEAR LIGHT
ORGANIC OPULENCE S TAT S
APRIL
M AY
JUNE
Colorado Median Price
$502,000
$520,000
$530,000
The above Colorado data is based on counties statewide. The following Denver data is based on eleven counties in the Denver Metro Area: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson and Park. The following Boulder data is based on Boulder County.
APRIL
S TAT S
YOY
Active
1,640
64.16%
Sold
3,586
24.51%
$699,039
27.41%
10
50.00%
Average Sold Price Days on Market
M AY
S TAT S
YOY
Active
1,336
71.72%
Sold
3,685
41.79%
$700,559
29.25%
8
66.67%
Average Sold Price Days on Market
JUNE
S TAT S
Active
2,137
47.65%
Sold
4,370
4.17%
$728,385
30.38%
8
65.22%
Average Sold Price Days on Market
YOY
denver
APRIL
S TAT S
YOY
Active
246
65.88%
Sold
357
44.53%
$1,170,516
69.90%
41
7.89%
Average Sold Price Days on Market
M AY
S TAT S
YOY
Active
225
72.08%
Sold
347
37.70%
$1,019,513
38.36%
28
34.88%
Average Sold Price Days on Market
YOY
JUNE
S TAT S
Active
310
59.84%
Sold
448
9.80%
$988,939
34.88%
32
13.51%
Average Sold Price Days on Market
boulder
DENVER U LT R A - L U X U R Y
+
BOULDER
$2M+
Q1 TO Q2
Active
455
28.64%
Under Contract
152
21.93%
Sold
144
49.65%
$2,902,004
1.55%
50
70.20%
Average Sold Price Days on Market
LUXURY
$1M-$2M
Q1 TO Q2
Active
665
33.43%
Under Contract
619
33.17%
Sold
638
49.58%
$1,337,895
0.11%
26
135.90%
Average Sold Price Days on Market
PREMIER
$500K-$1M
Q1 TO Q2
Active
1,992
46.65%
Under Contract
3,818
37.68%
Sold
3,803
49.34%
$660,586
1.53%
12
122.22%
Average Sold Price Days on Market
q2 average
4 B AT H
Situated on nearly an acre of space surrounded by mountain views, every intimate moment is wrapped in natural beauty through wide expanses of windows. This home’s authenticity peeks through a motif of thoughtfully crafted updates, such as polished concrete floors against an original stone fireplace and era-honoring wood panels that commingle with Gucci wallpaper. Soaring ceilings diminish the line between the interior and the outdoor haven — the latter of which revels in sun-soaked indulgence with a private balcony overlooking a lively pool and patio area.
4 BED
Nodding to the Denver Metro area’s mid-mod prominence while still celebrating the coveted mountain-grown lifestyle, 266 Lamb Lane — a custom Frenchie Gratts masterpiece — strikes the impeccable balance of architectural distinction against the backdrop of Golden’s rugged beauty.
4,893 SQFT
266 lamb
who we are milehimodern (mhm) is Colorado’s premier real estate brokerage focused on the artistry of living. We believe in connection first; every home has a soul-filled story to tell. Our purpose is to bring this story to light by discovering the artistic sizzle, the iconic value, the extraordinary architecture, or simply the narrative of a beautiful life lived in each property. Let us tell your story.
This data is collected from the following sources: Colorado Association of Realtors®, Denver Metro Association of Realtors® + REcolorado®. This material is based upon information that we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete. ©MileHiModern All Rights Reserved | 303.876.1073 | milehimodern. com MileHiModern® is a licensed trademark | An Equal Opportunity Company | Equal Housing Opportunity .