Denver Metro Market Report

Q4 2023

Looking back at the real estate market in 2023 thus far, many expert predictions have come to fruition, but not all. The Colorado real estate market overall has continued to prove its resilience despite the effects of inflation and higher interest rates. Demand may have cooled off, as expected, as many would-be buyers took a seat on the sidelines waiting for rates to come down, but average sale prices stayed the course on an upward trend in most areas. A strong jobs market aided this trend with the unemployment rate in Colorado remaining below 3%, while the national average is 3.5% according to Colorado.gov.

 

 

 

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At 8z, our primary focus is to build stronger Colorado communities through homeownership.

 

We’re an award-winning brokerage that is leading the way in modern real estate. We build lifetime relationships through integrity, transparency, exceptional client service and innovative technology. At 8z, we combine real-world experience with local market expertise. From the ground up, we are built on precision and purpose, empowering clients with the strongest home buying and selling strategies available.

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