Denver Metro Real Estate Statistics are out for October 2011

Since June of this year, the number of properties sold every month has increased compared to last year same time.  The Denver Metro area is up 1.6% in properties sold compared to last year.  The market inventory is incredibly low!  -33.7% compared to October 2010 – there are now 14156 properties on the market in Denver.  Although the average sales price has dropped slightly, our average sales price was still $246,000 for October.  Rates are INCREDIBLE!  All these slight increases in the market are positive signs for Denver.

Or for a full report click here:  Oct 2011 stats