Denver Metro Area Real Estate Market

Dated: 04/21/2017

Views: 202

The Denver Metro Area market showed continued gains over the last 30 days, extending a three-week growth trend. Sales climbed 0.6% to 3,939 homes, the most in three months. Leading the way in terms of contribution was Denver County with 963 sales. 

Image title

As sales reached a top, prices have been increasing. The median sales price hit $370,000, extending an eight-week long spike. The higher trending sales numbers and rising prices, along with the fact that there is a lower-than-normal one month of inventory in the market, drive home the fact that the Denver Metro Area is a solid seller's market. 


DEMOGRAPHIC FACTS ABOUT THE DENVER METRO AREA:

  • The population has increased 16.7% in the last 10 years.

  • The lifestyle rating for this area is 61. (Scale: 1 = Worst, 100 = Best)

  • The breakdown of residents commuting to work is 74.9% by car, 10.3% by carpool, and 4.7% by public transit.


Denver Colorado Real Estate Professional
 -Michael Steffen

Michael is a motivated realtor specializing with investors and new home buyers located in the following areas; DenverArvada,Aurora and surrounding areas. Michael Steffen uses advanced internet marketing to insure your property gets maximum exposure and holds a high value of ethics in his work to ensure the ideal scenario for everyone! For help with buying or selling a property call 303-981-2750!

eNewsletter Sign Up

Blog author image

Michael Steffen

My name is Michael Ross Steffen. I’m an Exit Realty Cherry Creek Agent in the Denver metro area. I specialize in advanced marketing, buying, selling and investing for seasoned, as well as first time....

Want to Advertise on this Site?

Latest Blog Posts

6 Things To Know When You Relocate To Denver

Denver has so much to offer and the world is on to all the greatness Denver provides to families, singles, young, old, internationals, and a variety of industries and demographics.  Here are

Read More

Beautiful Knolls West Townhome

7106 S Knolls WayCentennial, CO 80122Knolls West Townhomes SouthGlennFantastic townhome! Clean and inviting in highly desirable location, popular Knolls West Townhome Community! Walking &

Read More

HUTCHINSON HEIGHTS Open House

Bring your rackets! You must see this large, beautifully maintained home that backs to a park with public tennis courts! Aurora's Hutchinson Heights neighborhood is centrally located,

Read More

What Is APR Or ARMS Quick Explanation

The annual percentage rate (or APR) is the amount of interest on your total loan amount that you'll pay annually (averaged over the full term of the loan). A lower APR could translate to lower

Read More