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Metro Denver Real Estate Market Vital Signs: August 2015

8/11/2015

 
Each month we look at trends in the real estate market to help you stay on top of what is going on in your area of town. We look at things like the number of new listings and sales prices. All of this data along with the expertise from your agent can help you determine if now is the right time for you to buy or sell.

The Market By the Numbers

$7, 525 - The decrease in the average sale price from June 2015 to July 2015. - recolorado.com

23 - The average days on market in July 2015, down from 26 in June 2015. - recolorado.com

8,153 - The number of new listings in July 2015. Down from 7,718 in July 2014. - recolorado.com

$407,468- The average list price in July 2015, down from $416,408 in June 2015. - recolorado.com

6,169 - The number of sales in July 2015, down from 6,467 in June 2015. - recolorado.com

3.98% - Mortgage rates as of July 30, 2015. Down from 4.12% on July 31, 2014.

New Lisings
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Average Days on Market
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Existing Home Sales
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Average Sale Price
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Sources: Denver Metrolist, Freddie Mac, Colorado Department of Labor and Employment Based on Information from Metrolist, Inc. for the period 7-1-2014 through 7-31-2015. NOTE: This representation is based in whole or in part on data supplied by Metrolist, Inc. Metrolist, Inc. does not guarantee nor is in any way responsible for its accuracy. Data maintained by Metrolist, Inc. may not reflect all real estate activity in the market.


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