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Metro Denver Real Estate Market Vital Signs: May 2015

6/12/2015

 
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
$40,121 - The increase in the average sale price from May 2014 to May 2015. - recolorado.com

27 - The average days on market in May 2015, down from 33 in May 2015.

7,629 - The number of new listings in May 2015. Down from 7,866 in May 2015. - recolorado.com

$415,903- The average list price in May 2015, up from $382,285 in May 2014. - recolorado.com

5,454 - The number of sales in May 2015, up from 5,055 in April 2015. - recolorado.com

4.04% - Mortgage rates as of June 11, 2015. Down from 4.20% on June 12, 2014.
New Listings
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Average Days on the Market
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Existing Home Sales
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Average Sales 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 5-1-2014 through 5-31-2015. 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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