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

Speak Your Mind

*

Meet Your Professional

Tel:

Fax:

,

Better Business Bureau

Recent Posts