The Denver Real Estate inventory from September 2016 to September 2017 increased by 3.3%. While Supply is still low, It is headed towards more available housing. It is still the slow season, expect even more inventory to turn up as Spring draws near. Denver’s median sold price was $449,968 in September and total days on
The Denver real estate market changes the way we buy homes. The Denver real estate market used to be predictable. Flowers bloomed, inventory increased. Kids went to school, everything began to slow down. But, you may have noticed, things are a little different now. In 2017, Realtors observed the market heating up well before the
The Denver Real Estate inventory from December 2016 to January 2017 increased by 381 new listings. This low amount is still due to a seasonal slow but we will continue to see an exponential increase in new inventory heading into Spring. Denver’s median sold price was $351,250 in January and total days on market came in at
The average Denver County sale price came in at $447,129, 7% higher than last year. 593 new real estate listings hit the market last month but to no surprise, December tends to be the lowest supply month of the year. With the start of the new year, we should see an increase in the inventory of
September Market Statistics are in: Here is the breakdown! The average Denver County sale price came in at $376,250, an unusual increase for the season change, from September which was $360,000. There was a decrease of new listings on the market from 1,489 in September to 1,152 in October. The market is showing a slight
The average Denver County sale price came in at $436,696, 1% lower then last month and 12% higher then last year. There was a slight decrease of 80 new listings on the market from August to September. The market is still holding strong leading into the colder months. [pdf-embedder url=”http://wordpress-37919-80579-222296.cloudwaysapps.com/wp-content/uploads/2016/10/RE-Colorado-Local-Market-Updates-Branded.pdf” title=”re-colorado-local-market-updates-branded”] [pdf-embedder url=”http://wordpress-37919-80579-222296.cloudwaysapps.com/wp-content/uploads/2016/10/RE-Colorado-Monthly-Indicators-Branded.pdf” title=”re-colorado-monthly-indicators-branded”]
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July Market Statistics are in, here is the breakdown! The market showed a slight slow down in July with fewer new listings and a lower median sold price. However, it is still very strong overall. In July, there was an average of 18 days on the market and 1,551 new listings (down from 1,766 last month).
June Market Statistics are in, here is the breakdown! We saw a higher number of listings hit the market last month but still not enough to keep up with the demand in the market. In June, there was an average of 19 days on the market (down from 21 days from last month) and 1,766 new
May Market Statistics are in, here is the breakdown! New listings to the market aren’t keeping up with demand. Properties are usually receiving multiple offers and selling for over asking price. There was an average of 21 days on the market and 1,604 new listings in May.