Denver is the largest city in Colorado, and a huge percentage of the state’s population lives either within the city center or in its surrounding metro area. Of Colorado’s roughly 5.7 million residents, 3 million call the Denver metro area home.
Being such an important part of the state’s foundation and economy, you can imagine that the Denver housing market would be competitive. In fact, data shows that the Mile High City’s housing market is currently the second most competitive in the entire United States, behind only San Diego. Whether you’re buying or selling in this market, you’ll need the help of an expert Denver realtor to get a leg up on the competition.
Median household income
Average home price
Average days on market
According to Norada Real Estate Investments, the Denver housing market favors sellers because there is limited inventory and very high demand from potential buyers. In November of 2020, there were only about 3,400 active listings in the Denver metro area. Such a high level of competition often leads to bidding wars, which means that the average home buyer will pay above the asking price. In November of 2020, more than two-thirds of Denver home buyers got into a bidding war.
Competition also causes the real estate landscape to move quickly and change suddenly. Denver area homes spend an average of only 22 days on the market.
Additionally, the median closing price of Denver homes in 2020 was $469,000. According to data from the United States Census, the median household income in Denver is roughly $69,000.
To succeed in this lightning-fast market, you need to find the best real estate agent in Denver who suits your specific needs. To start your search, fill out our form today. You’ll discover some of the area’s top buyer agents like:
A top-rated agent, Dave has more than 500 five star reviews and is ranked #1 in client experience. Over 18 years in the business, Dave has assembled a team of 30 experts in the Denver real estate market who will guide you through every step of the home buying process. Their digital platform is updated every 15 minutes to give their clients access to Denver’s newest listings.
Aaron is a Denver CO realtor who owns and operates his own firm, 1858 Real Estate. He has personally closed more than 175 transactions and built his business around referrals from satisfied clients. 1858 Real Estate is founded on the idea that you deserve the highest level of service at all times, and Aaron guarantees “100% honesty and integrity” from his highly vetted team members.
21 years of experience have helped Brendan lead his own highly successful team, The Bartic Group, at Keller Williams Realty. In fact, The Bartic Group is ranked in the top 1% of all Keller Williams teams internationally. Brendan is so confident in his team’s ability that he offers a Satisfaction Guarantee Program to all potential clients.
Even in a seller’s market like Denver, you need an expert real estate agent on your side to earn the best return on your investment. To discover your perfect match, simply fill out our agent form. You’ll find the Mile High City’s best seller agents like:
This brother duo own and operate a family-run real estate agency called Griffith Home Team. Since 2013, Dustin and Chad have expanded their team to 16 members and become one of the most prolific agencies in the Denver area. In the past year alone, they have recorded 320 sales—that’s nearly a sale every single day!
With more than 250 reviews, Sam maintains a perfect five-star rating. He has 18 years of experience—13 in the Denver market—and manages his own company called Sam Barnes Realty. What sets Sam’s team apart from the competition is that they are “experts in all types of property, all the way from pre-foreclosure and foreclosures up to luxury homes.”
Together, Pamela and John form The Subry Group of RE/MAX real estate, a five-star team with nearly 200 sales in the past year. 35 years of combined experience in the Denver real estate market have led Pamela and John to be inducted into the RE/MAX Hall of Fame Club, meaning they’re ranked within the top 1% of all RE/MAX agents.
Denver has many above-average public schools and several top-rated ones. According to GreatSchools, the highest-rated public high school in the city is Southwest Early College Charter School. One of the best options for elementary students is Cory Elementary School.
Data from Healthgrades shows that some of the best healthcare facilities in Denver are Saint Joseph Hospital and St. Luke’s Medical Center.
The annual average temperature in Denver is 50.8 degrees Fahrenheit, about 4 degrees higher than the statewide average but 4 degrees lower than the national average. Denver receives much less rain but much more snow than the national average. The city is at a significantly higher risk of earthquakes and tornados than the national average.
Main attractions in Denver include the Denver Art Museum, Red Rocks Park and Amphitheatre, a lively craft brewery scene, and lots and lots of hiking.
If you’re searching for listings online, these are the best zip codes to check out for residential real estate.
This zip code has an A+ overall grade from Niche, including A+ marks for nightlife and fitness opportunities.
A chic Denver neighborhood, the atmosphere of the area is described as an “urban-suburban mix.”
A great neighborhood for jobs, homes in 80206 have an A grade for commute times either into downtown Denver or nearby Aurora.
If you’re selling a home, use this guide to contact the best realtor in Denver CO with experience in your neighborhood. Buyers can break into this competitive market with the help of agents who are expert negotiators and have access to the newest listings. In the Mile High City, you need a realtor who goes the extra mile.
To find the expert realtor for your needs, fill out our agent form today and let us know whether you’re buying or selling.