February 26, 2018

Categories Real Estate

2017 Stats: Colorado Real Estate

NAR data paints an interesting portrait of the Colorado real estate market in 2017. For anyone planning to buy or sell in 2018, these stats provide some insights. According to NAR data, of all homes sold in Colorado in 2017:


  • 85% were previously owned, 15% were new


  • Average home size was 2200 square feet, 3 bedrooms, 2 baths, built in 1996


  • Median sales price was $342,500


  • Buyers paid 100% of asking price


  • Typical buyer was 45 years old, with median household income of $101,500


  • 28% were first-time buyers


  • 14% of buyers purchased a multi-generational home to support aging parents or returning children



Source: 2017 NAR Colorado Profile of Buyers and Sellers

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