Evergreen Colorado Real Estate Market Update July 2023

Evergreen, Colorado Real Estate Market Update: August 2022 – July 2023

Evergreen Colorado Real Estate

The real estate market in Evergreen, Colorado, has experienced significant fluctuations over the past year. This article provides a comprehensive update on the market trends observed from August 2022 to July 2023, based on approximately 470 listings from systems including REcolorado, ROCC, SSBR, and IRES*.

Market Trends

In August 2022, the average closing price for properties in Evergreen was $925,234, with properties spending an average of 21 days on the market. However, by September 2022, the average closing price had increased significantly to $1,159,232, and properties were listed for an average of 45 days.

In October 2022, the average closing price decreased slightly to $1,046,542, with properties spending an average of 26 days on the market. This downward trend in price continued into November and December, with average closing prices of $981,685 and $957,725 respectively, and average listing durations of 36 and 38 days.

The new year brought a slight increase in the average closing price, with properties in January 2023 selling for an average of $1,018,424 after 50 days on the market. However, February saw a decrease in the average closing price to $910,288, with properties listed for an average of 49 days.

In March 2023, the average closing price dropped further to $874,452, and properties spent an average of 41 days on the market. However, April saw a significant increase in the average closing price to $1,064,963, with properties listed for an average of 26 days.

May 2023 saw the highest average closing price for the year at $1,147,657, with properties spending an average of 20 days on the market. However, this was followed by a decrease in June to an average closing price of $947,822 and an average listing duration of 24 days.

By July 2023, the average closing price had decreased to $839,309, the lowest for the year. However, properties were also spending the least amount of time on the market, with an average of 11 days.

Evergreen Colorado Real Estate

The real estate market in Evergreen, Colorado, has shown considerable variation over the past year, with average closing prices ranging from $839,309 to $1,147,657. The average time properties spent on the market also varied, ranging from 11 to 50 days. These trends highlight the dynamic nature of the Evergreen real estate market and underscore the importance of timely market updates for both buyers and sellers.

MonthAverage Close PriceAverage Days in MLS
Aug 2022$925,23421
Sep 2022$1,159,23245
Oct 2022$1,046,54226
Nov 2022$981,68536
Dec 2022$957,72538
Jan 2023$1,018,42450
Feb 2023$910,28849
Mar 2023$874,45241
Apr 2023$1,064,96326
May 2023$1,147,65720
Jun 2023$947,82224
Jul 2023$839,30911
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