<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from MDC
Holdings, Inc.  consolidated financial statements included in its Form 10-Q for
the quarter ended June 30, 2000 and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               JUN-30-2000
<CASH>                                          18,783
<SECURITIES>                                         0
<RECEIVABLES>                                    8,039
<ALLOWANCES>                                         0
<INVENTORY>                                    762,800
<CURRENT-ASSETS>                                     0
<PP&E>                                           3,029
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 972,088
<CURRENT-LIABILITIES>                                0
<BONDS>                                        321,987
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           285
<OTHER-SE>                                     474,749
<TOTAL-LIABILITY-AND-EQUITY>                   972,088
<SALES>                                        752,951
<TOTAL-REVENUES>                               766,805
<CGS>                                        (655,122)
<TOTAL-COSTS>                                (661,997)
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                 87,739
<INCOME-TAX>                                  (37,909)
<INCOME-CONTINUING>                             49,830
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    49,830
<EPS-BASIC>                                       2.29
<EPS-DILUTED>                                     2.26