*** The Denver Real Estate Market Overview for Feb 2020 ***

Here’s a quick peek at what happened during the month of February in the Denver real estate market.

Our market is moving, it is still very much a sellers market – active inventory for this Feb compared to last year shows an decrease of -19.64% compared to Feb 2019, a slight increase in the average sales price compared to last year at 5.04%, and average days on market at 39 days (down from Jan).  The number of homes sold decreased slightly -2.34% compared to last Feb.  The average sales price for a single family home in the Denver metro area now sits at $544,054.  (up 5.92% from last year)

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

 

 

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