***The Denver Real Estate Statistics are out for May 2016 – Better Late than Never! ***

 Here’s a snapshot of what May brought to the real estate market in Denver:

• The average (including million dollar properties AND condos) days on market was 22 days
• The average sales price in Denver was$407,000 ($408k previous month, $374k last year same time)
• The total number of properties sold was 5070  (down from 5139 same time last year)
• Active inventory still low at 5070 listings – Just think, in May of 2013 there were 9801 listings, almost double!
• The average 30 year fixed rate on a mortgage at 3.66%  with .5 points

If you are interested in selling, it is a hot market right now!  There are ways around to getting into your new home, it just takes a experienced agent.  Contact me today!

Wishing everyone a wonderful & safe Fourth of July weekend holiday!

Lori Vialpando  Coldwell Banker Residential  303-324-5731  homes@lori-v.com  #DenverRealtorRuns

For a pdf version of the report click here:  May 2016