Wow Our market continues to grow. Denver was recently rated the #2 city for the fastest selling homes. In some cases buyers are finding if they don’t move quickly, they may lose out. Multiple offers seems to be the name of the game on properties priced right. Our average sale price increased to $275,000 for April (up 10.4% from April 2011). The number of properties sold increased 13.5% from this time last year. Overall the number of properties sold compared to last year has increased 11.9% in Denver. If you have been waiting to put your home on the market, now is an INCREDIBLE time! Our inventory is still down 42.5% – meaning less competition. And if you are in a postion to buy, mortgage rates are still low!
For a pdf version of the April statistics, click here: April 2012 stats
Lori Vialpando's Blog 