Feb 22, 2023 - Real Estate

Denverites want to move. Here's where they're searching.

Illustration: Shoshana Gordon/Axios

A recent Redfin report suggests more people are looking to leave the Mile High City, but it's not quite as dire as it sounds.

By the numbers: Metro Denver came in 7th among places homeowners were looking to leave.

  • That's based on searches on Redfin's site from November-January.

Of note: The data doesn't reflect actual moves, just searches for potential homes.

Between the lines: The median home sale price in Denver was $531,200 in January — significantly higher than the $383,460 median sale price for a home in the U.S.

Reality check: A majority of people in Denver searching for a home want to stay here: 67% of homebuyers searched sites within the city's metro area.

Yes, but: Three of the top 10 destinations for people looking to leave were elsewhere in Colorado, including Fort Collins, Breckenridge and Steamboat Springs, according to Redfin.

  • Chicago was the top city with more than 3,500 searches.

Zoom out: San Francisco homebuyers searched about moving to Denver more than any other metro area, according to Redfin.

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