As much as it feels like now, its almost summer in Denver! The Denver real estate market is heating up as well!
The average sales price for May 2017 $424,000! The highest yet.
Here’s what May brought to the real estate market in Denver:
- The average (including million dollar properties AND condos) days on market was 21 days
- The average sales price in Denver was$442,000 ($434k previous month, $407k last year same time)
- The total number of properties sold was 5293 (UP from last year same time 4767)
- Active inventory 5312 listings: UP from last month & DOWN -4.6% from last year
- The average 30 year fixed rate on a mortgage at 3.94% with .5 points
It takes a experienced agent in our Denver market these days, let me put my 16 years of experience to work for you! 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: CBR 05.17
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