Housing Inventory: Median Days on Market Month-Over-Month in Colorado
MEDDAYONMARMMCO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.27
Year-over-Year Change
17.96%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: Median Days on Market Month-Over-Month in Colorado' metric tracks the change in the median number of days a home is on the market in Colorado from one month to the next. This provides insight into the supply and demand dynamics of the state's housing market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This trend measures the median number of days a home is listed for sale in Colorado before it is sold. It is an important indicator of housing market conditions, as a decrease in days on market typically signals high demand and tight inventory, while an increase suggests more supply relative to buyer activity.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of real estate brokers and agents.
Historical Context
This metric is closely watched by policymakers, housing analysts, and real estate professionals to assess the health of the Colorado housing market.
Key Facts
- Colorado home prices have risen over 50% in the past 5 years.
- The state's housing inventory hit record lows in 2021.
- Median days on market in Colorado averaged under 2 weeks in 2022.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the change in the median number of days a home is listed for sale on the market in Colorado from one month to the next.
Q: Why is this trend relevant for users or analysts?
A: The days on market metric provides insight into the supply and demand dynamics of the Colorado housing market, which is crucial information for real estate professionals, policymakers, and consumers.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve collects this data through surveys of real estate brokers and agents in Colorado.
Q: How is this trend used in economic policy?
A: Policymakers and housing analysts closely monitor this metric to assess the health of the Colorado real estate market and inform policies related to housing affordability and supply.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be some delay in reporting due to the survey-based collection process.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Days on Market Month-Over-Month in Colorado (MEDDAYONMARMMCO), retrieved from FRED.