Denver Realtor Reviews: Real Estate Market Statistics January 2016

The average price for a home in Denver was $370,351 at the end of January 2016. The median price for a home in Denver was $315,000 at the end of January 2016. Sales volume in January was just under $1.1 billion. There were 2,945 real transactions in January 2016. There is approximately 2 months of real estate inventory in and around Denver. There were 5,646 real estate listings in and around Denver at the end of January 2016. The average days on market for real estate listings in and around Denver was 38 days for January. And the median days on market was 16.

These Denver real estate market statistics are from the Denver MLS (REColorado.com) . They reflect real estate sales data for the end of January 2016. They do not reflect real estate sales that occurred off market or outside of the Denver MLS.


Denver Realtor Reviews: Real Estate Market Statistics January 2016

Download a full PDF of the Denver Real Estate Market Statistics January 2016 here.


Average Denver home price, median Denver home price, Denver real estate sales volume, and Denver real estate average days on market statistics slideshow on YouTube.

 


 


The average home price in Metro Denver, Colorado

The average home price in Metro Denver is up 13% Year Over Year from $326,936 in January 2015 to $370,351 in January 2015. The average home price in Metro Denver is up almost 1% Month Over Month from $368,045 in December 2015.

Average Home Price In Denver January 2016Average Home Price In Denver January 2016

Average Home Price In Denver January 2016


The median home price in Metro Denver, Colorado

The median home price in Metro Denver is up almost 12% Year Over Year from $282,000 in January 2015 to $315,000 in January 2016. The median home price in Metro Denver is up a little more than 1% Month Over Month from $311,500 in December 2015.

Median Home Price In Denver January 2016Median Home Price In Denver January 2016

Median Home Price In Denver January 2016

 


Real estate sales volume in Metro Denver, Colorado

Real estate sales volume is down month over month from that surprisingly monstrous December and relatively flat year over year in Metro Denver, Colorado. That December bump sure was big!

Home Sales Volume In Denver January 2016Home Sales Volume In Denver January 2016

Home Sales Volume In Denver January 2016

 


Number of real estate sales in Metro Denver, Colorado

There were 2.945 real estate sales in January 2016, almost 40% less than December 2015 but almost 6% more than January 2015.

Home Sales Volume In Denver January 2016Home Sales Volume In Denver January 2016

Home Sales Volume In Denver January 2016


Months of real estate inventory in Metro Denver, Colorado

Year over year and month over month, the amount of real estate inventory has minimally increased, but is just below 2 months of inventory on the market. This is dramatically below previous year’s inventory levels.

Denver Real Estate Inventory January 2016Denver Real Estate Inventory January 2016

Denver Real Estate Inventory January 2016


Number of real estate listings inventory in Metro Denver, Colorado

At the end of January 2016 there were 5,676 real estate listings which is almost 12% less than the 6.430 listings at the end of December 2015 and almost 10% less than the 6,289 listings at the end of January 2015. This indicates a shortage of homes available for sale extending beyond seasonal trends.

Denver Real Estate Listing Inventory January 2016Denver Real Estate Listing Inventory January 2016

Denver Real Estate Listing Inventory January 2016


Average days on market for a Metro Denver, Colorado home for sale

At 38 days the average days on market is 4 days longer than December 2015 and 1 day less than January 2015. This is dramatically below previous years averages.

Denver Real Estate Average Days On Market January 2016Denver Real Estate Average Days On Market January 2016

Denver Real Estate Average Days On Market January 2016


Median days on market for a Metro Denver, Colorado home for sale

At 16 days, the median days on market is 2 days longer than December 2015 and 2 days more than January 2015. This is dramatically below previous years averages.

Denver Real Estate Median Days On Market January 2016Denver Real Estate Median Days On Market January 2016

Denver Real Estate Median Days On Market January 2016


Summary of Denver Real Estate Market Conditions

Prices are still increasing, increasing to 13% year over year price increases. Inventory is seasonally low and despite the decrease in the number of sales, days on the market is still low. All of this leads me to conclude that we are still in a strong Seller’s Market with close to 2 months of inventory and a lot less than a 90 day average days on market.


Create a custom search of active homes for sale in the real time Denver MLS IDX herehttp://denverhomesales.info/propertysearch/


Find public reviews of Denver Realtor and real estate agent Christopher Gibson at the following locations:

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See all reviews of Denver Realtor and real estate agent Christopher Gibson at http://denverhomesales.info/testimonials/


  1. Find information about how buying a home in around Denver Colorado works at  http://denverhomesales.info/denver-home-buying-info
  2. Find information about my risk free premium Denver home seller services at http://denverhomesales.info/denver-realtor-premium-denver-home-seller-services/
  3. See my list of recommended service professionals at http://denverhomesales.info/denver-service-providers/
  4. Android & iPhone mobile home search app: http://denvermlsapp.com

Denver Realtor Reviews: Real Estate Market Statistics November 2015

The average price for a home in Denver was $365,186 at the end of November 2015. The median price for a home in Denver was $310,000 at the end of November 2015. Sales volume in November was just over $1.3 billion. There were 3,684 real transactions in November 2015. There is approximately 2 months of real estate inventory in and around Denver. There were 7,475 real estate listings in and around Denver at the end of November 2015. The average days on market for real estate listings in and around Denver was 30 days for November.

These Denver real estate market statistics are from the Denver MLS (REColorado.com) . They reflect real estate sales data for the end of November 2015. They do not reflect real estate sales that occurred off market or outside of the Denver MLS.


Denver Realtor Reviews: Real Estate Market Statistics November 2015

Download a full PDF of the Denver Real Estate Market Statistics November 2015 here.


Average Denver home price, median Denver home price, Denver real estate sales volume, and Denver real estate average days on market statistics slideshow on YouTube.

 


The average home price in Metro Denver, Colorado

The average home price in Metro Denver is up 12% Year Over Year from $327,493 in November 2015 to $365,186 In November 2015. The average home price in Metro Denver is up just over 1% Month Over Month  from $351,524 in October 2015. (Note: October 2015 Average Sales Price was adjusted from the previously reported $361,354.)

Average Home Sales Price Denver November 2015 12 month data  Average Home Sales Price Denver November 2015 12 monthAverage Home Sales Price Denver November 2015 5 Year


The median home price in Metro Denver, Colorado

The median home price in Metro Denver is up 12% Year Over Year from $276,000 in November 2014 to $310,000 In November 2015. The median home price in Metro Denver is up a little less than 1% Month Over Month  from $308,029 in October 2015. ( (Note: October 2015 Median Sales Price was adjusted from the previously reported $307,200.)

Median Home Sales Price Denver November 2015 12 month data  Median Home Sales Price Denver November 2015 12 month

Median Home Sales Price Denver November 2015 5 Year


Real estate sales volume in Metro Denver, Colorado

Real estate sales volume is down month over month and relatively flat year over year in Metro Denver, Colorado.

Home Sales Volume Denver November 2015 12 month dataHome Sales Volume Denver November 2015 12 month

Home Sales Volume Denver November 2015 5 Year


Number of real estate sales in Metro Denver, Colorado

There were 3,684 real estate sales in November 2015, almost 9% less than November 2014 and 28% less than October 2015. (Note: October 2015 sales were adjusted from the previously reported amount of 4,698)

Number Of Home Sales Volume Denver November 2015 12 month data  Number Of Home Sales Volume Denver November 2015 12 month

Number Of Home Sales Volume Denver November 2015 5 Year


Months of real estate inventory in Metro Denver, Colorado

Year over year and month over month, the amount of real estate inventory has minimally increased, but is just below 2 months of inventory on the market. This is dramatically below previous year’s inventory levels.

Months Of Home Inventory Denver November 2015 12 month  Months Of Home Inventory Denver November 2015 5 Year


Number of real estate listings inventory in Metro Denver, Colorado

At the end of November 2015 there were 7,475 real estate listings which is almost 5% less than the 7,846 listings at the end of November 2014 and almost 21% less than the 9,505 listings at the end of October 2015. This is dramatically below previous year’s amounts.

Number Of Homes For Sale In Denver November 2015 12 month data  Number Of Homes For Sale In Denver November 2015 12 month

Number Of Homes For Sale In Denver November 2015 5 Year

Average days on market for a Metro Denver, Colorado home for sale

At 30 days the average days on market is 7 days shorter than November 2014 but 3 days less than October 2015. This is dramatically below previous years averages.

Average Days On Market For Denver Home Listings November 2015 12 month data  Average Days On Market For Denver Home Listings November 2015 12 month

Average Days On Market For Denver Home Listings November 2015 5 Year

 


Summary of Denver Real Estate Market Conditions

Prices are still increasing, maintaining the 12% year of year increase, inventory is seasonally low and despite the decrease in the number of sales,  days on the market is still low. All of this leads me to conclude that we are still in a strong Seller’s Market with less than 2 months inventory and a lot less than a 90 day average days on market.

 


Create a custom search of active homes for sale in the real time Denver MLS IDX herehttp://denverhomesales.info/propertysearch/


Find public reviews of Denver Realtor and real estate agent Christopher Gibson at the following locations:

Denver Realtor Reviews And Denver Real Estate Agent Reviews On The Denver Better Business Bureau (BBB)Denver Realtor Reviews And Denver Real Estate Agent Reviews On GoogleDenver Realtor Reviews And Real Estate Agent Reviews On LinkedInDenver Realtor Reviews And Real Estate Agent Reviews On ZillowDenver Realtor Reviews And Denver Real Estate Agent Reviews On Yelp

See all reviews of Denver Realtor and real estate agent Christopher Gibson at http://denverhomesales.info/testimonials/


  1. Find information about how buying a home in around Denver Colorado works at  http://denverhomesales.info/denver-home-buying-info
  2. Find information about my risk free premium Denver home seller services at http://denverhomesales.info/denver-realtor-premium-denver-home-seller-services/
  3. See my list of recommended service professionals at http://denverhomesales.info/denver-service-providers/
  4. Android & iPhone mobile home search app: http://denvermlsapp.com

Denver Realtor Reviews: Ruby Hill Neighborhood Denver Real Estate Statistics October 2015

Denver Realtor Reviews: Ruby Hill Neighborhood Denver Real Estate Statistics October 2015

Scroll down to see all Ruby Hill Neighborhood Homes For Sale

Ruby Hill Denver Neighborhood Map

 


The average home price in the Ruby Hill Neighborhood in Denver

The average home price in the Ruby Hill Neighborhood in Denver is up 40% Year Over Year from $171,917  in October 2014 to $240,306 In October 2015. The average home price in the Ruby Hill Neighborhood in Denver in Denver is up 3% Month Over Month  from $232,325 in September 2015.

How does the Ruby Hill Neighborhood in Denver compare to Metro Denver?

The average home price in Metro Denver is up 12% Year Over Year from $322,096 in October 2014 to $361,354 In October 2015. The average home price in Metro Denver is up almost 3% Month Over Month  from $351,524 in September 2015. See all Denver Real Estate Market Statistics for October 2015 here: http://denverhomesales.info/denver-real-estate-news-denver-realtor-reviews-october-2015-market-statistics/

Ruby Hill Denver Neighborhood Average Home Price Statistic October 2015  Ruby Hill Denver Neighborhood Average Home Price Chart October 2015

Ruby Hill Neighborhood Homes For Sale In Denver.

 

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Create a custom search of active homes for sale in the real time Denver MLS IDX herehttp://denverhomesales.info/propertysearch/


Find public reviews of Denver Realtor and real estate agent Christopher Gibson at the following locations:

Denver Realtor Reviews And Denver Real Estate Agent Reviews On The Denver Better Business Bureau (BBB)Denver Realtor Reviews And Denver Real Estate Agent Reviews On GoogleDenver Realtor Reviews And Real Estate Agent Reviews On LinkedInDenver Realtor Reviews And Real Estate Agent Reviews On ZillowDenver Realtor Reviews And Denver Real Estate Agent Reviews On Yelp

See all reviews of Denver Realtor and real estate agent Christopher Gibson at http://denverhomesales.info/testimonials/


  1. Find information about how buying a home in around Denver Colorado works at  http://denverhomesales.info/denver-home-buying-info

  2. Find information about my risk free premium Denver home seller services at http://denverhomesales.info/denver-realtor-premium-denver-home-seller-services/
  3. See my list of recommended service professionals at http://denverhomesales.info/denver-service-providers/
  4. Android & iPhone mobile home search app: http://denvermlsapp.com

Denver Realtor Reviews: Bible Park Neighborhood Denver Real Estate Statistics October 2015

Denver Realtor Reviews: Bible Park Neighborhood Denver Real Estate Statistics October 2015

Because the Bible Park Neighborhood has no natural major street boundaries I did a 0.75 mile radius around the park which is as far out as I could go without crossing I-25.

Scroll down to see all Bible Park Neighborhood Homes For Sale In Denver.

 

 


The average home price in the Bible Park Neighborhood in Denver

The average home price in the Bible Park Neighborhood in Denver is up 18% Year Over Year from $323,000 in October 2014 to $382,083 In October 2015. The average home price in the Bible Park Neighborhood in Denver is down almost 2% Month Over Month  from $388,500 in September 2015.

How does the Bible Park Neighborhood compare to Metro Denver?

The average home price in Metro Denver is up 12% Year Over Year from $322,096 in October 2014 to $361,354 In October 2015. The average home price in Metro Denver is up almost 3% Month Over Month  from $351,524 in September 2015. See all Denver Real Estate Market Statistics for October 2015 here: http://denverhomesales.info/denver-real-estate-news-denver-realtor-reviews-october-2015-market-statistics/

 

Bible Park Denver Neighborhood Average Home Price Statistic October 2015Bible Park Denver Neighborhood Average Home Price Chart October 2015

 


Bible Park Neighborhood Homes For Sale In Denver.

 

 

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Create a custom search of active homes for sale in the real time Denver MLS IDX herehttp://denverhomesales.info/propertysearch/


Find public reviews of Denver Realtor and real estate agent Christopher Gibson at the following locations:

Denver Realtor Reviews And Denver Real Estate Agent Reviews On The Denver Better Business Bureau (BBB)Denver Realtor Reviews And Denver Real Estate Agent Reviews On GoogleDenver Realtor Reviews And Real Estate Agent Reviews On LinkedInDenver Realtor Reviews And Real Estate Agent Reviews On ZillowDenver Realtor Reviews And Denver Real Estate Agent Reviews On Yelp

See all reviews of Denver Realtor and real estate agent Christopher Gibson at http://denverhomesales.info/testimonials/


  1. Find information about how buying a home in around Denver Colorado works at  http://denverhomesales.info/denver-home-buying-info

  2. Find information about my risk free premium Denver home seller services at http://denverhomesales.info/denver-realtor-premium-denver-home-seller-services/
  3. See my list of recommended service professionals at http://denverhomesales.info/denver-service-providers/
  4. Android & iPhone mobile home search app: http://denvermlsapp.com

Denver Real Estate News: Anschutz Medical Center – Downtown Aurora Market Update October 26, 2015

Denver Real Estate News: Anschutz Medical Center – Downtown Aurora Market Update October 26, 2015

Anschutz Medical Center - Downtown Aurora Map

At the end of October there was less than 1 month of inventory on the market in the Anschutz Medical Center – Downtown Aurora neighborhood. This is less than the average of 8 weeks of inventory on the market in the Denver MLS.

 

Anschutz Medical Center - Downtown Aurora Months Of New Inventory

The average price per square foot in the Anschutz Medical Center – Downtown Aurora neighborhood is close to $140 per square foot.

Anschutz Medical Center - Downtown Aurora Price Per Square Foot

 

The median sales price of homes in the Anschutz Medical Center – Downtown Aurora neighborhood is just over $200,000.

Anschutz Medical Center - Downtown Aurora Median List Price

 

Price Per Square Foot Of Sold Properties In The Anschutz Medical Center – Downtown Aurora Neighborhood

Price Per Square Foot Of Sold Properties In The Anschutz Medical Center - Downtown Aurora Neighborhood

Price Per Square Foot Of Under Contract Properties In The Anschutz Medical Center – Downtown Aurora Neighborhood

 

Anschutz Medical Center - Downtown Aurora Under Contract Properties

 

Price Per Square Foot Of Active Properties In The Anschutz Medical Center – Downtown Aurora Neighborhood

Anschutz Medical Center - Downtown Aurora Active Properties

 

 

All homes for sale to the west of the Anschutz Medical Center, north Downtown Aurora, Boston Heights

 

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Find public reviews of Denver Realtor and real estate agent Christopher Gibson at the following locations:

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See all reviews of Denver Realtor and real estate agent Christopher Gibson at http://denverhomesales.info/testimonials/

  1. Find information about how buying a home in around Denver Colorado works at  http://denverhomesales.info/denver-home-buying-info/
  2. Find information about my risk free premium Denver home seller services at http://denverhomesales.info/denver-realtor-premium-denver-home-seller-services/
  3. See my list of recommended service professionals at http://denverhomesales.info/denver-service-providers/
  4. Android & iPhone mobile home search app: http://denvermlsapp.com

 

Denver Real Estate News: Woodstream Falls Market Update October 26, 2015

Denver Real Estate News: Woodstream Falls Market Update October 26, 2015

See all homes available for sale in Woodstream Falls below.

If you would like a market update on your Denver home neighborhood, call me at 720-449-6622, or e-mail me at CGibson@Realtor.com .

See the HOA website at : http://www.woodstreamfalls.com/

Woodstream Falls is well known for having higher HOA fees, but this is because heat is included in the HOA fee. You can not obtain a conforming loan to purchase in Woodstream Falls because more of the units are investor owned rental properties than owner occupied properties. Even for owner occupied purchases you must use a portfolio lender to obtain a non-warrantable loan.

There are currently 5.5 months of inventory in Woodstream Falls. This is more than the 8 weeks of inventory at 3rd quarter in the Denver metro area.

Woodstream Falls Months Of New Inventory

 

The average price per square foot of properties in Woodstream Falls is just under $100 per square foot.

Woodstream Falls Price Per Square Foot

The median sales price of homes in Woodstream Falls in September 2015 was about $120,000.

Woodstream Falls Median Price

 

Detailed price per square foot information of the Woodstream Falls neighborhood.

Woodstream Falls Active Properties Woodstream Falls Sold Properties Woodstream Falls Under Contract Properties

 

All homes available for sale in Woodstream Falls

 

 

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Find public reviews of Denver Realtor and real estate agent Christopher Gibson at the following locations:

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See all reviews of Denver Realtor and real estate agent Christopher Gibson at http://denverhomesales.info/testimonials/

  1. Find information about how buying a home in around Denver Colorado works at  http://denverhomesales.info/denver-home-buying-info/
  2. Find information about my risk free premium Denver home seller services at http://denverhomesales.info/denver-realtor-premium-denver-home-seller-services/
  3. See my list of recommended service professionals at http://denverhomesales.info/denver-service-providers/
  4. Android & iPhone mobile home search app: http://denvermlsapp.com

 

Denver Real Estate News: 2015 3rd Quarter Denver MLS Market Report

Denver Real Estate News: 2015 3rd Quarter Denver MLS Market Report

Cooling Continues for Denver Area Housing Market

Denver Real Estate News

September Ends A Strong 3rd Quarter

DENVER – October 5, 2015 –According to REcolorado, Colorado’s largest MLS and the provider of REcolorado.com, the housing market in the Denver metro and surrounding area continued its cooling trend in September. As inventory levels and prices remain steady, the market is seeing a slow shift to one that is more pleasing to the buyer.

With 9,051 active listings on the market, September’s inventory of available homes for sale was down one percent month over month but, was two percent higher than this time last year. Inventory levels held steady thanks to sellers bringing 6,314 new listings to the market, nine percent less than last month but 18 percent more than September 2014.

Inventory levels remained at 8 weeks in September, higher as compared to the summer months where we saw weeks of inventory as low as 5 weeks, but still well below the national average of approximately 12 weeks.

“The Denver area housing market remains among the hottest in the country,” said Kirby Slunaker, president and CEO of REcolorado. “Sellers continue to bring new listings to the market, holding inventory levels steady and benefiting buyers who are enjoying greater selection and moderating prices.”

Denver Real Estate News
After peaking at $374,890 in May, September brought a fourth consecutive month where average sold prices saw a slight decrease. The average sold price for a single family home in September was $353,197, down three percent from last month. Denver area home prices remain strong, up12 percent year over year.

September also brought a seasonal downtick in the pace of home sales. Month over month, the sale of new homes was down 5 percent, and there was a six percent decrease year over year.

The amount of time a Denver area home stayed on the market inched up once again in September. The average days on market was 24 days, a three day increase as compared to last month, but seven days less than last year.

Third Quarter in Review

The housing market for the Denver metro and surrounding area has many similarities compared to last year, but compared to the third quarter just five years ago, it looks much different.

Denver Real Estate News
Denver’s tight inventory levels continued throughout the third quarter of 2015. Compared to the third quarter of 2014, the number of available homes on the market shows little difference. However, a 2010 to 2015 comparison of third quarter inventory levels shows a 61 percent decrease in homes on the market. In 2010, there was 34 weeks of inventory, compared to just an average of eight during the third quarter of 2015.

Home Sales during the third quarter of 2015 averaged 5,239 per month, which is 69 percent higher than the monthly average for the third quarter of 2010.

At a monthly average of $360,828, the average sale price for the third quarter of 2015 is 35 percent higher than the monthly average of $266,467 seen in 2010. Compared to the third quarter of last year, the average home price increased 9 percent.

Denver Real Estate News
“The Denver area housing market is much stronger than it was just 5 years ago, keeping pace with the area’s solid economic performance,” said Slunaker. “With demand remaining strong, I anticipate the steady growth we saw during the third quarter of this year to continue.”

Find public reviews of Denver Realtor and real estate agent Christopher Gibson at the following locations:


Create a custom search of active homes for sale in the real time Denver MLS IDX herehttp://denverhomesales.info/propertysearch/


Find public reviews of Denver Realtor and real estate agent Christopher Gibson at the following locations:

Denver Realtor Reviews And Denver Real Estate Agent Reviews On The Denver Better Business Bureau (BBB)Denver Realtor Reviews And Denver Real Estate Agent Reviews On GoogleDenver Realtor Reviews And Real Estate Agent Reviews On LinkedInDenver Realtor Reviews And Real Estate Agent Reviews On ZillowDenver Realtor Reviews And Denver Real Estate Agent Reviews On Yelp

See all reviews of Denver Realtor and real estate agent Christopher Gibson at http://denverhomesales.info/testimonials/


  1. Find information about how buying a home in around Denver Colorado works at  http://denverhomesales.info/denver-home-buying-info
  2. Find information about my risk free premium Denver home seller services at http://denverhomesales.info/denver-realtor-premium-denver-home-seller-services/
  3. See my list of recommended service professionals at http://denverhomesales.info/denver-service-providers/
  4. Android & iPhone mobile home search app: http://denvermlsapp.com

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