Market Recap:  Elevated interest rates in the first half of 2023 have caused many sellers to stay on the sidelines due to the significant difference between their current mortgage rate and the available market rate for a newly purchased home.  New listings were down 23% YoY, year to date June.


Market Outlook:  Many buyers have been able to navigate the higher rate environment by negotiating concessions from the seller to help on closing costs or paying down the interest rate.  Life events that require moving don’t always wait for a change in interest rates.  There are options available for buyers who want or need to move.  Give us a call.  We’ll guide you through this ever changing housing market.

Market Overview

Single Family (June-23)
Active Inventory 4,400
Sold Homes 2,956
Ave Sold Price $802,973
Ave Days on Market 23

Condos & Townhomes (June-23)
Active Inventory 1,670
Sold Homes 1,153
Ave Sold Price $484,734
Ave Days on Market 23

Number of Listings - Denver Single Family and Condos in July 2022
Average Sold Prices and Days on Market - Denver Single Family and Condos for July 2022
Month End Active and Sold Homes in Denver - July 2022

Real Estate Humor

Which room in your house are zombies most afraid of? The living room.

Austin Hurt of Gold Compass Real Estate

Home Guidance You Can Trust!

Communication is the foundation to building trust, so we make it a priority to be available to our clients through phone, text, Facebook messaging, email and in-person meetings. Our laid back approach to home buying is centered around outstanding personal service and gives you the time you need to find the perfect home.

We will help educate you about your options so that you can make well-informed decisions throughout the home buying and selling process. Our friendly and responsive team will make you glad you chose Gold Compass Real Estate to help reach your real estate goals.

Meet Our Team



Austin Hurt Profile Picture

Austin Hurt

Gold Compass Real Estate

Associate Broker

Office: 303-325-5690

Text: 720-441-3050

💬Chat With Us
Skip to content