With Fall now in full swing, here’s what is going on with the real estate market in Denver:
Here’s what August brought to the real estate market in Denver:
- The average (including million dollar properties AND condos) days on market was 23 days (up slightly from July)
- The average sales price in Denver was$403,000 ($415k previous month, $367k last year same time)
- The total number of properties sold was 5136 (UP both from last year same time, and last month)
- Active inventory still low at 6842 listings
- The average 30 year fixed rate on a mortgage at 3.46% 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!
Lori Vialpando Coldwell Banker Residential 303-324-5731 homes@lori-v.com #DenverRealtorRuns #DenverMilitaryRealtor
For a pdf version of the report click here: aug-2016
Lori Vialpando's Blog 