2021 real estate title card with an illustration of a large house and the headline “Bigger was definitely Better.”

2021 Real Estate: Bigger Was Definitely Better

In 2021 we continued to see huge price gains and homes selling super quickly. Seems like old news, right?

 
Perhaps less obvious is the market data for the largest homes.
 
Large homes have traditionally fallen well behind the entry market when it comes to days on market, months of inventory, and showing activity.
 
The following charts show how the largest subset of homes outpaced every other segment in several metrics during 2021. The gains from 2019 are even more staggering.
 
Has there ever been a better time to sell a large home? Nope.
 
Chart comparing average closed home prices by square-footage category for 2019, 2020, and 2021.
 
Bar chart comparing Denver median days on MLS by home size for 2019, 2020, and 2021.
 
 
Chart comparing Denver housing inventory by home size in 2019, 2020, and 2021; largest homes show the biggest decline.
 
Bar chart shows 2021 listings had the most showings in every home-size category, with increases up to 64.2%.
 
If you need a printout of these slides for your next listing presentation we can help!

Let's Chat

Follow Us on Instagram