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Denver Real Estate Market Report for January 2018

Denver Real Estate Market Report for January 2018

The average sold price in January 2018 rose 11.84% percent from the average price in January 2017. Sold listings dropped by a dramatic 36.22 percent from last month. See below for our full report for January 2018 and please let us know if you have any questions. We email this market infographic report on the Denver Real Estate Market out each month. To get on that email list, please reach out to marketing@usajrealty.com and request to be added!

Key Takeaways for January 2018 via DMAR for Metro Denver:

  • Active Inventory was up 0.3% compared to last month and was 3.01% lower from January 2017
    • January 2018 Active Listings: 3,869
    • December 2017 Active Listings: 3,854
    • November 2017 Active Listing: 5,131
    • October 2017 Active Listing: 6,312
    • September 2017 Active Listings: 7,586
    • August 2017 Active Listings: 7,360
  • Median Sales Price for a condo in Metro Denver in January 2018 was $285,000
    • Same as December 2017 at: $285,000
    • Up from November 2017: $272,000
    • Down from October 2017: $275,000
    • Up from September 2017: $268,000
    • Down from August’s $275,000
    • And up from July’s $270,100
  • Median Sales Price a single-family residence in Metro Denver in January 2018 was: $416,000
    • Up from December 2017: $415,000
    • Up from November 2017: $405,000
    • Down from October 2017: $415,000
    • Down from September 2017: $409,000
    • Down just slightly from August’s 2017: $410,000
    • And down from July’s $420,000

An Overview of the National Market:

What’s Happening in Denver:

Report for Metro Denver:


January-market-update-denver.png

Read Denver Metro Association of Realtor’s full report on last month’s Real Estate trends and statistics in Denver here.

   

And as always, please let us know if you have any questions!

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