Denver Metro Area Real Estate Market

Dated: 04/21/2017

Views: 231

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. 

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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!

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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....

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