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

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

May was definitely recovery month after the COVID 19 restrictions, our market saw an incline in activity.   however market data still shows a seller market – active inventory for this May compared to last month showed an increase of 4.66% compared to April, and average days on market at 23 days.  The number of homes sold decreased  -19.71% compared to April.  The average sales price for a single family home in the Denver metro area now sits at $543,072.  (down just 1.05% compared to previous month)

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

 

 

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