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?
The 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.
How many homes sold in the Ruby Hill Neighborhood in August 2016?
14 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.
How long did it take for homes to sell in Ruby Hill Neighborhood in August 2016?
The 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.
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.
Homes for sale in the Ruby Hill Neighborhood below or click here.
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