Denver Lofts and Condos

Housing Statistics Continue to Improve in Denver

Click Here for this story and more area sales statistics and trends in our August Newsletter

 Highlights Include:

-The average sold price for residential and condominium sales in Denver increased 6.3 percent.

-The sales volume for residential and condominium sales the Denver Metro area increased 15.4 percent.

-At the end of June, 20,853 homes were for sale. This represents a 5.0-month supply at the current sales pace, which is an improvement from May 2009, when there was a 5.7 month supply. A 6.0 month inventory is considered equilibrium, thus the current market is beginning to favor sellers!

-The number of residential homes and condominiums which were under contract (pending sales) increased 6.0 percent.

-The average list price of residential homes and condominiums increased 0.6 percent to $482,482.

-The percentage of listings sold in Denver increased 14.9 percent