Denver Real Estate Market Update - August 2020 Looking at the numbers, you would never guess that we are in the middle of a coronavirus pandemic. Despite covid19, the Denver real estate market is hot. https://youtu.be/GNtXDlCpNbE Average sales price in July came in at $540,890. This was up 6.44% over June 2020 and up 9.27% over July of 2019. The average sales price for a single family detached home came in at $601,863 which is a record in the Denver area. Anther record was broke in July, … [Read more...]
Denver Real Estate Market Update – July 2017
With home inventory levels low in Denver it was a relief to see an increase in inventory this June. Inventory was up 19.75 percent over May and 3.87 percent over June 2016. Much of the inventory boost was due to an increase in attached homes listed on the market. Inventory of single family homes actually decreased from June of 2016 by .72 percent. But inventory of attached homes (townhomes, condos) increased by a whopping 22.49% over June of last year. https://youtu.be/n99Qiw6wj7c 5,712 homes … [Read more...]
Denver Metro Real Estate Market Update December 2016 – Low Inventory
The big story of 2016’s forth quarter in Denver’s real estate market has been the dwindling inventory. October, November and December all saw significant declines in active listings. Not only did inventory fall month to month in the forth quarter but inventory was significantly lower than forth quarter of 2015. In December active single family home listings were at 4,670 , down a whopping 30.2% from the previous December. The months supply of inventory (how long it will take to sell all active … [Read more...]
