The latest stats show that 12% more single family homes sold over the last twelve months compared to the same 12-month period a year ago. At the end of February, there were only 5500 single family resale homes on the market -- barely a two month supply of homes since more than 2700 single family homes went under contract in February. As a result of these factors, price appreciation has been over 9% over the last 12 months. The 12-month moving average sale price for single family homes stood at $333,983.
The stats in the condo and townhouse marketare a virtual carbon copy. Demand is up by more than 22% while the number of properties on the market is up just slightly from a year ago. Price appreciation in this category has been close to 11% over the last 12 months. The average price for a condo/townhouse stood at $201,869 at the end of February based on the 12-month moving average.
Attached Single Family Homes
Detached Single Family Homes.
Every real estate market is local. There are literally hundreds of sub-markets within the Denver "metroplex" based on exact location, type of property and price range.
The market in your particular area may be doing better or worse. I've got stats like the linked tables and charts above for every single zip code in metro Denver. I'd love to send you the data for your part of town. Just give me a call.- See more at: http://juliereddingtonrealestate.com/real-estate-stats-in-denver/#sthash.zI56C03D.dpuf