Its almost Christmas! Hard to believe its just 9 days away, and 2016 is just around the corner….
Here’s a snapshot of what November brought:
- The average (including million dollar properties AND condos) days on market went to 29 days – Last year same time it was 35 days
- The average sales price in Denver went to $360,000 ($377k last month, $328k last year same time)
- The total number of properties sold was 3322 (down from 3519 same time last year)
- Active inventory still low at 5142 listings
- The average 30 year fixed rate on a mortgage at 3.94% with .6 points
Overall, our average sale price for the year is up 11.8% compared to 2014, and the average number of properties sold up 2.6% compared to 2014 – which is GREAT considering our inventory has been DOWN 19.7% compared to 2014!
Lori Vialpando Coldwell Banker Residential 303-324-5731 homes@lori-v.com
For a pdf version of the report click here: Nov 2015
Lori Vialpando's Blog 