Denver Market Stats for January 2016
Real estate market data for Denver Metro Area provided by The Colorado Dream House Team
Denver Home Prices
We have seen slight increase of the listing price on home prices in Denver. The market has been steady during the slow period.The end of the year, the holidays and the first month of the New Year are when we see that the Buyers that are in the market tend to be the most serious Buyers. With less competition, your home could be a serious contender for one of these buyers that may be relocating to Denver. As you can see from the graph below, listings are not selling at or above the asking price as they did in the first half of 2015. To make sure you don’t overpay for your home, you’ll want to have an agent or a team that does a thorough market analysis of the Denver home on which you are considering making an offer. In turn if you are considering selling, it is important to have an agent or team that will price your home realistically, not just tell you what you want to hear just to have their sign in your front yard and have your home sit on the market. This is what we call “Buying a Listing”.
If you are interested the current inventory is on the market in the Denver Metro Area, you can find that information by clicking on the link.
Denver Real Estate Report Summary
The median list price in January for single family homes in Denver Metro is $349,000. The list prices increased by 8% from the previous month.
The price per square foot for listings in this area is $174.
The median sale price in January for single family homes is $315,000. The sale prices increased by 2% from the previous month.
The price per square foot for sales in this area is $157.
Find Homes for Sale in Denver, CO
Visit our website to search for homes in Denver or to be notified when Denver homes come on the market. To find out what you home is worth in the current market email colorado dream house team or call 720-446-6325.