Come see us before Widespread Panic tomorrow night! Or, for some of you, come see us before you go to sleep from seeing Widespread the night before! Either way...OPEN HOUSE Sunday, June 24th
Denver Housing Supply 5 Times Less Than National Average
May 2015 registered 7,054 new listings - mostly unchanged from the previous month, but 4 percent less than May 2014. As Denver-area's housing inventory was replenished by an abundance of new properties, 5,877 homes were placed under contract and 4,913 sold and closed. The month of May ended with 5,657 active listings - which is 13 percent more than the previous month, but still 24 percent less year over year.
Active Inventory - 5657 up 12.58%
Sold homes 4913 up 3.8%
Average Price $376,548 up 4.12%
Median sold $325,000 up 2.85%
Interest rates remain low with news they will remain through Summer with expectations of them going up in September.
If you would like to have a market analysis on your home, feel free to contact me.
With more than a decade of experience, LaDawn enjoys educating first time home buyers, working with the 55+ community, relocation clients, sellers who want to downsize, step up purchase or anything in....
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