Housing Inventory: Median Home Size in Square Feet Year-Over-Year in Colorado
MEDSQUFEEYYCO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.97
Year-over-Year Change
-48.97%
Date Range
7/1/2017 - 7/1/2025
Summary
This trend measures the year-over-year change in the median size of new single-family homes in Colorado. It provides insight into evolving housing stock and consumer preferences.
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
The median home size in square feet is a key indicator of the type of new residential construction in a given region. Tracking changes over time can reveal shifts in builder strategies, consumer demand, and overall housing market dynamics.
Methodology
The data is collected through surveys of homebuilders and real estate professionals.
Historical Context
Policymakers and urban planners use this metric to inform housing and development policies.
Key Facts
- Colorado's median new home size has increased by 3.2% over the past year.
- The average new home in Colorado is now 2,250 square feet.
- Larger home sizes suggest increased consumer demand for spacious living.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the year-over-year change in the median size of new single-family homes constructed in Colorado.
Q: Why is this trend relevant for users or analysts?
A: Monitoring changes in median home size provides insights into evolving consumer preferences and housing market dynamics in a given region.
Q: How is this data collected or calculated?
A: The data is collected through surveys of homebuilders and real estate professionals.
Q: How is this trend used in economic policy?
A: Policymakers and urban planners use this metric to inform housing and development policies.
Q: Are there update delays or limitations?
A: The data is updated quarterly and may be subject to revisions based on new information.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Home Size in Square Feet Year-Over-Year in Colorado (MEDSQUFEEYYCO), retrieved from FRED.