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Denver-Aurora, CO View area description and map

 

Market Hotness

1.9

12 mos. permits per 1,000 residents

Last update Sep '09Sources and methods - click for more info

Job Growth

-4.9%

Annual rate last 4 quarters

Last update Sep '09Sources and methods - click for more info

Res. Permits

-54%

YTD change vs. prior year

Last update Sep '09Sources and methods - click for more info
 

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2008 Local Leaders

Denver/Aurora, Colo.

  • Market Rank: 19
  • Total Permits: 8,800
Rank Parent Company/Company Closings Market Share
1 D.R. Horton 466 5.3%
2 M.D.C. Holdings/Richmond American Homes 363 4.1%
3 TOUSA/Engle Homes 331 3.8%
4 KB Home 282 3.2%
5 Pulte Homes/Del Webb 254 2.9%
6 J.F. Shea Co./Shea Homes 245 2.8%
7 Centex Homes 199 2.3%
8 Lennar Corp. 196 2.2%
9 Metropolitan Homes 184 2.1%
10 American West Development/Oakwood Homes 180 2.0%
Top 10 Total Market Share 2,700 30.68%

Denver data courtesy of Hanley Wood Market Intelligence
*Estimated

 

Denver Permits

Percentage change year over year

  Single Family Multifamily Units  
  Permits Chg. 2 Units 3-4 Units +5 Units All Multi Chg. Total Units Chg.
9 Mos. 2009 2,030 -39% 66 10 1,061 1,137 -68% 3,167 -54%
2009 3Q 860 -14% 20 7 348 375 +0% 1,235 -10%
2Q 733 -46% 24 0 446 470 -68% 1,203 -57%
1Q 437 -56% 22 3 267 292 -83% 729 -73%
2008 4Q 579 -52% 20 0 1,250 1,270 -33% 1,849 -40%
3Q 995 -52% 46 8 321 375 -8% 1,370 -45%
Annuals                  
2008 3,947 -50% 182 24 4,647 4,853 -24% 8,800 -38%
2007 7,859 -40% 236 138 5,984 6,358 +30% 14,217 -21%
2006 13,166 -26% 226 147 4,531 4,904 +58% 18,070 -13%
Last update Sep '09Sources and methods - click for more info
 

Market Hotness Trend

12 mos. permits per 1,000 residents

Sep '09

1.9

Last update Sep '09Sources and methods - click for more info

Density Information

Calculated per square mile

Q2 '09Q2 '08Chg.
Population308.88302.152.2%
Housing Unit125.83125.230.5%
Market Density Index (MDI)
Total Permits0.601.18-49.2%
SF Permits0.310.50-38.0%
MF Permits0.290.68-57.4%
Last update Sep '09Sources and methods - click for more info

Existing Housing Stock

1,055,001

Denver, CO

Last update Sep '09Sources and methods - click for more info

Population

Based on Census Bureau estimates

Sep '09

2,589,812

Last update Sep '09Sources and methods - click for more info

Construction Trends

Share of permits by dwelling type

9 Months '09Share
Single-Family64%
Multifamily36%
2004-2008Avg.Share
Single-Family69%
Multifamily31%
Last update Sep '09Sources and methods - click for more info
 

Denver Employment Trends

Employment numbers in thousands

Employment Sector No.of Jobs Last 1 Year Change Last 1 Year Job Growth Last 2 Years Change Last 2 Years Job Growth
Total 1198.9 -59.2 -4.9% 5.2 0.4%
Construction 77.0 -16.0 -20.8% -2.4 -2.6%
Manufacturing 64.3 -4.8 -7.5% -2.7 -3.9%
Trade 180.5 -13.2 -7.3% 0.5 0.3%
Information 45.4 -2.8 -6.2% 0.2 0.4%
Financial Activities 92.5 -3.8 -4.1% -2.8 -2.9%
Services 515.5 -16.9 -3.3% 9.3 1.7%
Government 176.1 0.7 0.4% 3.7 2.1%
Unemployed at end of period (rate) 70.3 5.0% 54.1 3.9%
Last update Sep '09Sources and methods - click for more info