Denver Real Estate Market Statistics 2016 Year End

Denver real estate market statistics: How much does a home cost in Denver? How long does it take to sell a home in Denver? How fast are home prices rising in Denver? All this and more answered below.

Denver Real Estate Market Statistics December 2016

These Denver Real Estate Market Statistics are based on homes in the REColorado.com MLS within 30 miles of downtown Denver. Download a pdf version of this report by clicking here.

Denver Real Estate Market Statistics December 2016


Youtube Video of 2016 Year End Denver Real Estate Market Statistics

 

 


Denver Realtor Reviews: Denver Real Estate Market Statistics December 2016

The average price for a home in Denver was $404,986 at the end of December 2016. The median price for a home in Denver was $350,000 at the end of December 2016. Sales volume in December was $1.960 billion. There were 4,844 real transactions in December 2016. There is less than 1 month of real estate inventory in and around Denver. There were 4,577 real estate listings in and around Denver at the end of December 2016. The average days on market for real estate listings in and around Denver was 35 days for December. 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 December 2016. They do not reflect real estate sales that occurred off market or outside of the Denver MLS.


The average home price in Metro Denver, Colorado

The average home price in Metro Denver is up almost 8.6% Year Over Year from $373,033 in December 2015 to $404,986 in December 2016. The average home price in Metro Denver is down almost 2% Month Over Month from $413,158 in November 2016. 

Average Home Price In Denver Over 12 Months December 2016

Average Home Price In Denver Over 5 Years December 2016


The median home price in Metro Denver, Colorado

The median home price in Metro Denver is up just over 11% Year Over Year from $315,000 in December 2015 to $350,000 in December 2016. The median home price in Metro Denver is approximately 0.5% less than the median home price in November 2016.

Median Home Price In Denver Over 12 Months December 2016

Median Home Price In Denver Over 5 Years December 2016


Metro Denver real estate sales volume

Metro Denver real estate sales volume went down 6.3% month over month to $1.960 billion from $2.091 billion continuing the traditional seasonal slowdown and was 23.3% higher than the $1.696 billion in sales in December of 2015.

Real Estate Sales Volume In Denver Over 12 Months December 2016

Real Estate Sales Volume In Denver Over 5 Years December 2016


Number of Metro Denver real estate sales

There were 4,844 metro Denver real estate sales in December 2016, almost 6% more than December 2015 and 4.2% less than November 2016. The decrease in sales in December seems to follow the normal seasonal trajectory. Sales should increase in February. For 2016, the highest number of sales occurred in the $300,000 – $350,000 price point.

Number Of Real Estate Sales In Denver Over 12 Months December 2016

Number Of Real Estate Sales In Denver Over 5 Years December 2016

Number Of Real Estate Sales In Denver By Price Point During 2016


Months of Metro Denver real estate inventory

Real Estate Inventory hit a record low!!! I didn’t think it was possible for the inventory to go lower.

Months Of Real Estate Inventory In Denver Over 12 Months December 2016

Months Of Real Estate Inventory In Denver Over 5 Years December 2016


Number of Metro Denver real estate listings inventory

At the end of December 2016 there were 4,577 Denver real estate listings which is about 24% less than the 6,055 listings at the end of November 2016 and 10.6% less than the 5,757 listings at the end of December 2015. This is a significant decrease in homes available for sale from the prior year, and although the decrease in homes available for sale follows seasonal trends, the low inventory is exceptionally low. 

Number Of Homes For Sale In Denver Over 12 Months December 2016

Number Of Homes For Sale In Denver Over 5 Years December 2016


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

At 35 days the average days on market for Denver real estate is 4 days longer than november 2016 and is 4 days longer than December 2015. The increase in the days on market would be encouraging if it were not for the dramatic decrease in inventory.

Average Days On Market For A Home Sold In Denver Over 12 Months December 2016

Average Days On Market For A Home Sold In Denver Over 5 Years December 2016


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

At 16 days, the median days on market is 1 days more than the prior month and December 2015 . 

Median Days On Market For A Home Sold In Denver Over 12 Months December 2016

Median Days On Market For A Home Sold In Denver Over 5 Years December 2016

 

 


 Denver Realtor Reviews Of Denver Real Estate Agent Christopher Gibson

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Denver Real Estate Market Statistics September 2016

Denver real estate market statistics: How much does a home cost in Denver? How long does it take to sell a home in Denver? How fast are home prices rising in Denver? All this and more answered below. Download a pdf copy of the Denver Real Estate Market Statistics September 2016 here.

Denver Real Estate Market Statistics September 2016

These Denver Real Estate Market Statistics are based on homes in the REColorado.com MLS within 30 miles of downtown Denver.

Denver Real Estate Market Statistics September 2016


Denver Realtor Reviews: Denver Real Estate Market Statistics September 2016

 

The average price for a home in Denver was $404,335 at the end of September 2016. The median price for a home in Denver was $350,000 at the end of September 2016. Sales volume in September was $2.266 billion. There were 5,604 real transactions in September 2016. There is approximately 1.4 months of real estate inventory in and around Denver. There were 6,502 real estate listings in and around Denver at the end of August 2016. The average days on market for real estate listings in and around Denver was 26 days for September. And the median days on market was 11.

 

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

Youtube Video of Denver Real Estate Market Statistics September 2016

 

 


The average home price in Metro Denver, Colorado

 

The average home price in Metro Denver is up almost 13.9% Year Over Year from $354,864 in September 2015 to $404,335 in September 2016. The average home price in Metro Denver is down almost 2% Month Over Month from $412,417 in July 2016. This is the 3rd strait month of decline but this matches the previous year’s pattern.

Denver Real Estate Market Statistics September 2016

Denver Real Estate Market Statistics September 2016

 


The median home price in Metro Denver, Colorado

 

The median home price in Metro Denver is up almost 12% Year Over Year from $307,500 in September 2015 to $350,000 in September 2016. The median home price in Metro Denver is 1.1% less than the median home price in August 2016.

Denver Real Estate Market Statistics September 2016

Denver Real Estate Market Statistics September 2016


Metro Denver real estate sales volume

 

Metro Denver real estate sales volume went down 10% month over month to $2.266 billion continuing the traditional seasonal slowdown and was 24.3% higher than the $1.823 billion in sales in September of 2015.

Denver Real Estate Market Statistics September 2016

Denver Real Estate Market Statistics September 2016


Number of Metro Denver real estate sales

 

There were 5,604 metro Denver real estate sales in September 2016, almost 9% more than September 2015 and 8.7% less than August 2016. The decrease in sales in September seems to follow the normal seasonal trajectory that was not present the prior month. I also modified my new statistic which may be interesting over time to see the number of sales at various price ranges, for the current month only.

Denver Real Estate Market Statistics September 2016

Denver Real Estate Market Statistics September 2016

Denver Real Estate Market Statistics September 2016


Months of Metro Denver real estate inventory

 

Nothing interesting to see here folks, just months of real estate inventory that seems like it may be as low as it can go. Only 1.41 months of metro Denver real estate inventory at the end of September 2016.

Denver Real Estate Market Statistics September 2016

Denver Real Estate Market Statistics September 2016


Number of Metro Denver real estate listings inventory

 

At the end of September 2016 there were 6,502 Denver real estate listings which is about 8% less than the 7,087 listings at the end of August 2016 and 12.9% more than the 5,757 listings at the end of September 2015. This is a significant increase in homes available for sale from the prior year, and the seasonal decrease appears to follow seasonal trends. The market remains very tight but is also slowing down on the buyer side. It seems to be following seasonal trends and we should see a significant decrease in November.

Denver Real Estate Market Statistics September 2016

Denver Real Estate Market Statistics September 2016


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

 

At 26 days the average days on market for Denver real estate is 2 days longer than August 2016 and is 5 days longer than September 2015. The increase in days on market combined with the increase in inventory follows season trends but seems to also be indicating a slowing of the market.

Denver Real Estate Market Statistics September 2016

Denver Real Estate Market Statistics September 2016


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

 

At 9 days, the median days on market is 2 days more than the prior month and August 2016 . This is just 1 day longer than August 2015.

Denver Real Estate Market Statistics September 2016

Denver Real Estate Market Statistics September 2016


Summary of Denver Real Estate Market Statistics September 2016

Prices are decreasing along seasonal norms. Inventory is increasing along seasonal norms, although it remains historically low. Anecdotally, agents feel like the market is slowing more than seasonally. And winter my be much more friendly to buyers than it was last year. 

 


 Denver Realtor Reviews Of Denver Real Estate Agent Christopher Gibson

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How Much Does A Home Cost In The Bible Park Neighborhood In Denver August 2016

Scroll down to see homes for sale in the Bible Park Neighborhood in Denver Colorado or click here. I have compiled some vital real estate statistics for the Bible Park Neighborhood in Denver for August 2016 just below that will inform on the strength of the home market in the neighborhood.

What was the average home price in the Bible Park Neighborhood as of August 2016?

The average home price was $432,143 at the end of August 2015 and has dropped to $410,177 at the end of August 2016 for the Bible Park Neighborhood, which is 5% less. This is also a 12% decrease from the 20 month high of $466,891 at the end of July 2016. The Bible Park Neighborhood has a wide variety of housing and not a lot of sales per month which can cause a lot of variation from month to month. I find the annual average 8 months into 2016 to be much more indicative of the changes. The average sales price for all of 2016 is $434,701, while the average sales price for all of 2015 is $404,697 which is a 7.4% increase.

Average Home Sales Price In Bible Park August 2016 1 Year Chart

Average Home Sales Price In Bible Park August 2016 5 Year Chart

How many homes sold in the Bible Park Neighborhood in August 2016?

12 homes sold in the Bible Park Neighborhood during August 2016. This is 1 more home than the 11 homes that sold in July 2016 and 5 more homes than the 7  that sold in August 2015.

Average Number Of Home Sales In Bible Park August 2016 1 Year Chart

Average Number Of Home Sales In Bible Park August 2016 5 Year Chart

How long did it take for homes to sell in Bible Park Neighborhood in August 2016?

The average days on market for a home in the Bible Park Neighborhood was 20 days in August 2016. That means after listing a home in the MLS it took 20 days on average for it to go under contract.

Average Days To Sell A Home In Bible Park August 2016 1 Year Chart

Average Days To Sell A Home In Bible Park August 2016 5 Year Chart

How many months of home inventory are present in the Bible Park Neighborhood?

Months of real estate inventory is a measure of how many homes are available for sale compared to how many sell every month. For instance if 7 homes sell per month and 7 homes are available for sale, you would have exactly 1 month of inventory. Currently there is just over 1 month of real estate inventory in the Bible Park Neighborhood.

Months Of Real Estate Inventory In Bible Park August 2016 1 Year Chart

Homes for sale in the Bible Park Neighborhood below or click here.

 

New To Site
$200,000
MLS# 6235597
Active
3432 S Locust St, Unit c
Denver, CO 80222
2 BR | 2 BA | 1,029 Sqft | Attached Single Family
Denver Residential Services
New To Site
$199,999
MLS# 7213799
Active
8060 E Girard Ave, Unit 201
Denver, CO 80231
2 BR | 2 BA | 1,050 Sqft | Attached Single Family
This Bright and Modern 2 Bedroom 2 Bath Condo makes for a beautiful home in Denver's charming and conveniently located Hampden East Community . Open Kitchen with custom cabinetry, new Quartz counter-tops and Stainless Steel Appliances. Mast (more...)
Keller Williams Advantage Realty LLC
New To Site
$270,000
MLS# 1688328
Active
6960 E Girard Ave, Unit 504
Denver, CO 80224
2 BR | 2 BA | 1,200 Sqft | Attached Single Family
Charming and stylish 2 bedroom, 2 bath condo! Updated: Laminate floors, tile in baths, kitchen with updated cabinets, solid surface Dexton countertops newer black slate appliances, pantry + second pantry. New electric panel-March 2019. EnSu (more...)
PERRY & CO
New To Site
$499,950
MLS# 2226711
Active
8080 E Dartmouth Ave, Unit 43
Denver, CO 80231
3 BR | 3 BA | 2,750 Sqft | Detached Single Family
Rare, detached ranch patio home offers low maintenance living. This impeccably maintained home features a light and bright large open great room with a gas fireplace and vaulted ceilings. Kitchen includes new stainless appliances, a break (more...)
PERRY & CO
New To Site
$400,000
MLS# 9650642
Active
6130 E Yale Ave
Denver, CO 80222
2 BR | 3 BA | 1,662 Sqft | Attached Single Family
Centrally located 2 bedroom, 3 bathroom townhome with a small fenced yard and outdoor living space. This end unit is super clean and is flooded with natural light. The main living area is open and spacious with vaulted ceilings. Enjoy conve (more...)
MB METRO BROKERS REALTY OASIS
New To Site
$289,900
MLS# 2835893
Active
3470 S Poplar St, Unit 308
Denver, CO 80224
2 BR | 2 BA | 1,500 Sqft | Attached Single Family
Great 2 bedroom, 2 bath condo in Denver! This spacious unit with an open floor plan features a large living room, dining room area and kitchen. Bonus office nook off of living room. Master suite with 3 / 4 master bathroom and walk-in closet (more...)
Wisdom Real Estate
New To Site
$489,900
MLS# 9572536
Active
8080 E Dartmouth Ave, Unit 37
Denver, CO 80231
3 BR | 3 BA | 2,736 Sqft | Detached Single Family
Rare Crestridge Home. This community does not have very many openings but when they do, they sell quickly. Open floor plan with vaulted ceilings greet you the second you open the door. Skylights allow for tons of light to enter. The mas (more...)
RELOGIC
New To Site
$204,000
MLS# 5560035
Active
5491 E Warren Ave, Unit 222
Denver, CO 80222
2 BR | 2 BA | 944 Sqft | Attached Single Family
Spacious townhome close to Light Rail Station, RTD Bus and steps away from the Highline Canal. Perfect for first time home buyer or great investment property. Fireplace in living area, huge master bedroom with walk in closet, covered front (more...)
Brokers Guild-Cherry Creek Ltd.
New To Site
$188,000
MLS# 7439539
Active
3141 S Tamarac Dr, Unit F103
Denver, CO 80231
1 BR | 1 BA | 728 Sqft | Attached Single Family
Beautiful ground level condo features nice tile / wood flooring, updated kitchen and bathroom, newer paint and carpet, and a Walk-in Closet in master bedroom. Most appliances(dishwasher, refrigerator,washer,dryer) were installed in 2018. (more...)
Brokers Guild Classic
New To Site
$154,000
MLS# 9379383
Active
2225 S Jasmine St, Unit 305
Denver, CO 80222
2 BR | 1 BA | 732 Sqft | Attached Single Family
Updated 2 bedrooms, 1 bathroom condo located in the well-established Jasmine Condominium Association in Denver. Secure entrance and across the street from the High Line Canal Trail. Association features a swimming pool, laundry, 1 reserved, (more...)
Hier & Company Brokerage, LLC
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Sorry, you have reached the limit of properties we can display in one search.
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The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO © Real estate listings held by brokers other than Brokers Guild are marked with the IDX Logo. This information is being provided for the consumer's personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. See Disclaimer Listing Data last updated: March 19, 2019 08:00 MST Service by Buying Buddy IDX CRM

 

 

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

 

 

How Much Does A Home Cost In The Ruby Hill Neighborhood In Denver August 2016

Scroll down to see homes for sale in the Ruby Hill Neighborhood in Denver Colorado or click here . I have compiled some vital real estate statistics for the Ruby Hill Neighborhood in Denver for August 2016 just below that will inform on the strength of the home market in the neighborhood.

What was the average home price in the Ruby Hill Neighborhood as of August 2016?

Average Home Sales Price In Ruby Hill August 2016 1 Year DataThe average home price was $240,222 at the end of August 2015 and has risen to $258,337 at the end of August 2016, which is a 7.5% increase. This is however a 8.5% decrease from the high of $282,444 at the end of July 2016.

 

 

Average Home Sales Price In Ruby Hill August 2016 1 Year Chart

Average Home Sales Price In Ruby Hill August 2016 5 Year Chart

How many homes sold in the Ruby Hill Neighborhood in August 2016?

Number Of Home Sales In Ruby Hill August 2016 1 Year Data14 homes sold in the Ruby Hill neighborhood during August 2016. This is 5 more homes than the 9 homes that sold in July 2016 and August 2015.

 

 

 

Number Of Home Sales In Ruby Hill August 2016 1 Year Chart

Number Of Home Sales In Ruby Hill August 2016 5 Year Chart

How long did it take for homes to sell in Ruby Hill Neighborhood in August 2016?

Days On Market For A Home In Ruby Hill August 2016 1 Year DataThe average days on market for a home in the Ruby Hill Neighborhood was 10 days in August 2016. That means after listing a home in the MLS it took 10 days on average for it to go under contract.

 

 

 

Days On Market For A Home In Ruby Hill August 2016 1 Year Chart

Days On Market For A Home In Ruby Hill August 2016 5 Year Chart

How many months of home inventory are present in the Ruby Hill Neighborhood?

Months of real estate inventory is a measure of how many homes are available for sale compared to how many sell every month. For instance if 7 homes sell per month and 7 homes are available for sale, you would have exactly 1 month of inventory. Currently there 0.4 months of inventory in the Ruby Hill neighborhood.Months Of Home Inventory In Ruby Hill August 2016 1 Year Chart

Homes for sale in the Ruby Hill Neighborhood below or click here.

 

New To Site
$310,000
MLS# 6889584
Active
1277 S Mariposa St
Denver, CO 80223
3 BR | 1 BA | 883 Sqft | Detached Single Family
Great cozy home in the Manchester heights neighborhood. This home features 3 bedrooms and 1 bathroom and a 2 car detached garage great for work space. This home is well cared for and location is in closed proxomity of Highways, stores, re (more...)
Signature Real Estate Corp.
New To Site
$500,000
MLS# 6964725
Active
2311 W Evans Ave
Denver, CO 80223
1 BR | 1 BA | 6,171 Sqft | Commercial
Great investment opportunity / fixer upper. Ceramic shop and crafts store on a large lot, can be bought as a ceramic shop or simply for the structures. Main sturcture has a newer old roof, sewer line and swamp cooler with a 1bd 1.5 ba live (more...)
eXp Realty, LLC
New To Site
$495,500
MLS# 3195130
Active
1110 S Dale Ct
Denver, CO 80219
4 BR | 3 BA | 2,517 Sqft | Detached Single Family
Looking for a property that is like no other? Look no further. This uniquely cared for updated home can be yours for a great price! The home is inviting with it's charming and eclectic feel. Great for entertaining, plenty of parking sits (more...)
Steps Real Estate 101 LLC
$165,000
MLS# 6299849
Active
2045 S Zuni St
Denver, CO 80223
0.31 Acres | Land
Nice large lot! ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED AND BUYER AND / OR BUYER'S AGENT TO VERIFY ALL INFORMATION.
DENVER'S BROKER
$425,000
MLS# 3442308
Active
1584 S Clay St
Denver, CO 80219
4 BR | 2 BA | 1,944 Sqft | Detached Single Family
Great brick ranch home, Remodeled in 2015! Newer Kitchen Cabinets, Counter-tops and Back-splash 4 bed / 2 on main 2 in basement, 2 full baths , full basement with extra kitchen and off street parking! All appliances included even the wa (more...)
Brokers Guild-Cherry Creek Ltd.
$315,000
MLS# 8656807
Active
1967 S Zuni St
Denver, CO 80223
2 BR | 1 BA | 691 Sqft | Detached Single Family
Great Investment Property!!! Two bedroom house on a huge lot! Don't miss this opportunity to purchase almost a half acre in a great neighborhood! Close to shopping and Park!
Bachman & Associates
$330,000
MLS# 9815332
Active
1330 S Quivas St
Denver, CO 80223
3 BR | 1 BA | 858 Sqft | Detached Single Family
Don't miss out on this beautiful updated 3 bedroom, 1 bath Ranch Style house with bonus room which can be used for the 3rd bedroom. A perfect place to call home in the Ruby Hill neighorhood. House has been newly renovated, new interior and (more...)
THE CROSSROADS R.E. TEAM
$375,000
MLS# 8173744
Active
1740 S Vallejo St
Denver, CO 80223
3 BR | 1 BA | 1,447 Sqft | Detached Single Family
YOU FEEL THE LOVE AND CARE THIS HOME HAS HAD BY CURRENT OWNERS. THEY HAVE TAKEN PRIDE IN MAINTAINING IT OVER THE YEARS. THIS HOME IS IN A DESIRABLE NEIGHBORHOOD, THREE BED WITH A FLEX ROOM AND A BATHROOM. TWO CARE GARAGE, BEAUTIFUL KITCHEN (more...)
HomeSmart Cherry Creek
Reduced
$372,000
MLS# 7623751
Active
1555 S Decatur St
Denver, CO 80219
5 BR | 3 BA | 2,110 Sqft | Detached Single Family
Beautiful 5 bedroom brick home with very open floor plan. Lovely kitchen, huge master bedroom with 1 / 2 bath and walk-in closet. Wood and tile floors. Large backyard, perfect for entertaining. Property needs some work but the bones are sol (more...)
The Gala Realty Group Llc
$215,000
MLS# 8409306
Active
1945 S Clay St
Denver, CO 80219
1 BR | 1 BA | 757 Sqft | Detached Single Family
Small 1 bed 1 bathroom home, located in SouthWest Denver blocks away from public transportation. Great for a fixer upper rental property. Plenty of driveway space. Great starter home or Investment property.
Signature Real Estate Corp.
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The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO © Real estate listings held by brokers other than Brokers Guild are marked with the IDX Logo. This information is being provided for the consumer's personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. See Disclaimer Listing Data last updated: March 19, 2019 08:00 MST Service by Buying Buddy IDX CRM

 

 

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 Market Statistics July 2016

Denver Realtor Reviews: Denver Real Estate Market Statistics July 2016

The average price for a home in Denver was $406,413 at the end of July 2016. The median price for a home in Denver was $350,000 at the end of July 2016. Sales volume in July was just under $2.265 billion. There were 5,574 real transactions in July 2016. There is approximately 1.685 months of real estate inventory in and around Denver. There were 9,388 real estate listings in and around Denver at the end of July 2016. The average days on market for real estate listings in and around Denver was 20 days for July. And the median days on market was 6.

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

Download a pdf of the full Denver Real Estate Market Report for July 2016 here.


YouTube video of the Denver Real Estate Market Report for July 2016 here or below.

 


The average home price in Metro Denver, Colorado

The average home price in Metro Denver is up 11.7% Year Over Year from $363,969 in July 2015 to $406,413 in July 2016. The average home price in Metro Denver is down almost 2.3% Month Over Month from $416,146 in June 2016.

Average Home Price Denver July 2016 12 Month Statistic

Average Home Price Denver July 2016 12 Month Statistic

Average Home Price Denver July 2016 12 Month

Average Home Price Denver July 2016 12 Month

Average Home Price Denver July 2016 5 Year

Average Home Price Denver July 2016 5 Year

The median home price in Metro Denver, Colorado

The median home price in Metro Denver is up almost 12.4% Year Over Year from $311,500 in July 2015 to $350,000 in July 2016. The median home price in Metro Denver is down a little more than 2.8% Month Over Month from $360,000 in June 2016.

Median Home Price Denver July 2016 12 Month Statistic

Median Home Price Denver July 2016 12 Month Statistic

Median Home Price Denver July 2016 12 Month Chart

Median Home Price Denver July 2016 12 Month Chart

Median Home Price Denver July 2016 5 Year Chart

Median Home Price Denver July 2016 5 Year Chart

Real estate sales volume in Metro Denver, Colorado

Real estate sales volume is down 9.6% month over month starting the traditional seasonal slowdown but also down 3.6% year over year in Metro Denver, Colorado. Sales volume was 2.265 Billion in July 2016.

Home Sales Volume Denver July 2016 12 Month Statistics

Home Sales Volume Denver July 2016 12 Month Statistics

Home Sales Volume Denver July 2016 12 Month Chart

Home Sales Volume Denver July 2016 12 Month Chart

Home Sales Volume Denver July 2016 5 Year Chart

Home Sales Volume Denver July 2016 5 Year Chart

Number of real estate sales in Metro Denver, Colorado

There were 5,574 real estate sales in July 2016, almost 13.6% less than July 2015 but and 7.5% less than June 2016. The month over month decrease can be attributed to seasonal patterns but the year over year decrease is dramatic.

Number Of Home Sales Denver July 2016 12 Month Statistic

Number Of Home Sales Denver July 2016 12 Month Statistic

Number Of Home Sales Denver July 2016 12 Month Chart

Number Of Home Sales Denver July 2016 12 Month Chart

Number Of Home Sales Denver July 2016 5 Year Chart

Number Of Home Sales Denver July 2016 5 Year Chart

Months of real estate inventory in Metro Denver, Colorado

At the end of July 2016 there were 9,388 real estate listings which is 3.3% more than the 9,082 listings at the end of June 2016 but 8.4% less than the 10,252 listings at the end of July 2015. This is a significant decrease in homes available for sale from the prior year, but less than the decrease in the number of home sales. The market remains very tight but is also slowing down on the buyer side.

Months Of Real Estate Inventory Denver July 2016 12 Month Statistic

Months Of Real Estate Inventory Denver July 2016 12 Month Statistic

Months Of Real Estate Inventory Denver July 2016 12 Month Chart

Months Of Real Estate Inventory Denver July 2016 12 Month Chart

Months Of Real Estate Inventory Denver July 2016 5 Year Chart

Months Of Real Estate Inventory Denver July 2016 5 Year Chart

Number of real estate listings inventory in Metro Denver, Colorado

At the end of July 2016 there were 9,388 real estate listings which is 3.3% more than the 9,082 listings at the end of June 2016 and 8.4% less than the 10,252 listings at the end of July 2015. This is a significant decrease in homes available from sale from the prior year, but less than the decrease in the number of home sales. The market remains very tight but is also slowing down on the buyer side.

Number Of Active Real Estate Listings Inventory Denver July 2016 12 Month Statistic

Number Of Active Real Estate Listings Inventory Denver July 2016 12 Month Statistic

Number Of Active Real Estate Listings Inventory Denver July 2016 12 Month Chart

Number Of Active Real Estate Listings Inventory Denver July 2016 12 Month Chart

Number Of Active Real Estate Listings Inventory Denver July 2016 5 Year Chart

Number Of Active Real Estate Listings Inventory Denver July 2016 5 Year Chart

 

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

At 20 days the average days on market is 1 day shorter than June 2016 and matches July 2015. This is dramatically below previous years averages and with the decrease in inventory will not change significantly in the coming months.

Average Days On Market Real Estate Denver July 2016 12 Month Statistic

Average Days On Market Real Estate Denver July 2016 12 Month Statistic

Average Days On Market Real Estate Denver July 2016 12 Month Chart

Average Days On Market Real Estate Denver July 2016 12 Month Chart

Average Days On Market Real Estate Denver July 2016 5 Year Chart

Average Days On Market Real Estate Denver July 2016 5 Year Chart

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

At 6 days, the median days on market matches the prior month and July 2015. This is just 1 day longer than the recent low of 5 median days on market in April 2015.

Median Days On Market Real Estate Denver July 2016 12 Month Statistic

Median Days On Market Real Estate Denver July 2016 12 Month Statistic

Median Days On Market Real Estate Denver July 2016 12 Month Chart

Median Days On Market Real Estate Denver July 2016 12 Month Chart

Median Days On Market Real Estate Denver July 2016 5 Year Chart

Median Days On Market Real Estate Denver July 2016 5 Year Chart

Summary of Denver Real Estate Market Conditions

Year over year price increases of over 12% correspond with near record low levels of inventory. But the decrease in the number of sales and the month over month decrease in sales prices may indicate a weakening of demand. There are have been suggestions in the news that prices have reached a threshold that limits the ability or desire of a large number of buyers to enter the market. And this data does not reflect the dramatic shortage of entry level homes and homes under $300,000. Bidding wars remain very common in the entry level home market while there is a surplus of luxury homes.


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:

blue seal 187 130 denverrealtorchristophergibson 90231814 Denver Realtor Reviews: Denver Real Estate Market Statistics March 2016Google Places Logo Denver Realtor Reviews: Denver Real Estate Market Statistics March 2016LinkedIn Logo Denver Realtor Reviews: Denver Real Estate Market Statistics March 2016Zillow Logo 150x150 Denver Realtor Reviews: Denver Real Estate Market Statistics March 2016Yelp Logo 150x150 Denver Realtor Reviews: Denver Real Estate Market Statistics March 2016

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: Denver Real Estate Market Statistics March 2016

Denver Realtor Reviews: Denver Real Estate Market Statistics March 2016

The average price for a home in Denver was $385,828 at the end of March 2016. The median price for a home in Denver was $340,000 at the end of March 2016. Sales volume in March was just under $1.757 billion. There were 4,554 real transactions in March 2016. There is approximately 1.352 months of real estate inventory in and around Denver. There were 6,158 real estate listings in and around Denver at the end of March 2016. The average days on market for real estate listings in and around Denver was 31 days for March. 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 March 2016. They do not reflect real estate sales that occurred off market or outside of the Denver MLS.

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


Denver Realtor Reviews: Denver Real Estate Market Statistics March 2016 on YouTube


The average home price in Metro Denver, Colorado

The average home price in Metro Denver is up 8.7% Year Over Year from $354,887 in March 2015 to $385,828 in March 2016. The average home price in Metro Denver is up almost 4.2% Month Over Month from $370,167 in February 2016.

Average Sales Price Chart March 2016

 

Average Sales Price Data March 2016

Average Sales Price Data 5 Year March 2016

 


The median home price in Metro Denver, Colorado

The median home price in Metro Denver is up almost 9% Year Over Year from $312,000 in March 2015 to $340,000 in March 2016. The median home price in Metro Denver is up a little more than 4.6% Month Over Month from $325,000 in February 2016.

Median Sales Price Chart

Median Sales Price Data

Median Sales Price 5 Year


Real estate sales volume in Metro Denver, Colorado

Real estate sales volume is up 38% month over month seasonally and relatively flat year over year in Metro Denver, Colorado.  Sales volume was 1.757 Billion in March 2016.
Sales Volume Chart March 2016

Sales Volume Data March 2016

Sales Volume 5 Year March 2016

 


Number of real estate sales in Metro Denver, Colorado

There were 4,554 real estate sales in March 2016, almost 2% less than March 2015 but almost 33% more than February 2015.

Number Of Sales Chart March 2016

 

Number Of Sales Data March 2016

Number Of Sales 5 Year March 2016

 


Months of real estate inventory in Metro Denver, Colorado

Year over year and month over month, the amount of real estate inventory has decreased, but is just above 1 months of inventory on the market. This is dramatically below previous year’s inventory levels.

Months Of Inventory Chart March 2016

Months Of Inventory Data March 2016

 

Months Of Inventory 5 Years March 2016

 


Number of real estate listings inventory in Metro Denver, Colorado

At the end of March 2016 there were 6,158 real estate listings which is almost 3% more than the 5,955 listings at the end of February 2016 and almost 3% less than the 6,348 listings at the end of March 2015. This indicates a shortage of homes available for sale extending beyond seasonal trends.

Active Listings Chart March 2016

Active Listings Data March 2016

Active Listings 5 Year March 2016


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

At 38 days the average days on market is 6 days shorter than February 2015 and 2 days less than March 2015. This is dramatically below previous years averages.

Days On Market Average March 2016

Days On Market Data March 2016

Days On Market Average 5 Year March 2016

 


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

At 6 days, the median days on market is 4 days shorter than February 2016 and the same as  March 2015. This is dramatically below previous years averages.

Median Days On Market Chart March 2016

Median Days On Market Data March 2016

Median Sales Price 5 Year March 2016

 


Summary of Denver Real Estate Market Conditions

Prices are still increasing, but the increase decreased to 8% year over year price increases. Inventory is lower than ever and despite the decrease in the number of sales, days on the market is at a record low. All of this leads me to conclude that we are still in a strong Seller’s Market with just more than 1 month of inventory and a lot less than a 90 day average days on market. And this data does not reflect the dramatic shortage of entry level homes and homes under $300,000. Bidding wars are common and appraisals are frequently coming up short of the purchase price.


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:

blue seal 187 130 denverrealtorchristophergibson 90231814 Why do we care about radon?   Denver Radon MitigationGoogle Places Logo Why do we care about radon?   Denver Radon MitigationLinkedIn Logo Why do we care about radon?   Denver Radon MitigationZillow Logo 150x150 Why do we care about radon?   Denver Radon MitigationYelp Logo 150x150 Why do we care about radon?   Denver Radon Mitigation

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 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:

blue seal 187 130 denverrealtorchristophergibson 90231814 Why do we care about radon?   Denver Radon MitigationGoogle Places Logo Why do we care about radon?   Denver Radon MitigationLinkedIn Logo Why do we care about radon?   Denver Radon MitigationZillow Logo 150x150 Why do we care about radon?   Denver Radon MitigationYelp Logo 150x150 Why do we care about radon?   Denver Radon Mitigation

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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