Denver Real Estate Market Report for April 2017
At the beginning of each month, we take the time to compile a comprehensive Denver Real Estate Market Report. This report provides valuable insights into market trends, property values, and other key factors that influence the real estate landscape in Denver. We invite you to explore our detailed report for April 2017, which includes statistics, analysis, and expert commentary to help you better understand the current market dynamics. If you have any questions or need further clarification on any points, please don’t hesitate to reach out to us. We’re here to help!
Key Takeaways for April 2017:
- $487,974 is a new record high for the average sold price of single-family home
- 5,361 active listings were on the market at the end of April for all of Denver Metro. This includes the 11 counties of Denver metro area: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Ddenver, Douglas, Elbert, Gilpin, Jefferson, and Park
- This was an 8.94 percent jump from the month prior: March 2017 had 4,921 active listings
- 4,389 homes sold in April 2017 in the Denver metro area
- This was a -7.39 percent from the month prior, March 2017
- March 2017 had 4,739 homes sell
- 6,574 new listings went on the market for the month
- March 2017 had a slightly higher number of 6,812 new homes go on the market for the 11 county area
Read Denver Metro Association of Realtor’s full report on April Real Estate trends and statistics in Denver here.
And as always, please let us know if you have any questions!