Denver Market Trends Report May 2016 YTD results
Here are the Real Estate market trends report for Denver, Colorado provided by Denver Metro Association of Realtors.
Single Family
* Single Family Active Listings inventory is -25.4% compared to May 2015
* Single Family properties Under Contract Listings is +2.2%
* Single Family properties New Listings is -1.6%
* Single Family properties Sold Listings is +4.7%
* Single Family properties Days On Market until Sale is 27 days compared to 23 days from previous year
* Single Family Median Sales Price is $379,000 (+7.0%) compared to $355,000 from previous year
Townhouse-Condo
* Townhouse-Condo Active Listings inventory is -19.7% compared to May 2015
* Townhouse-Condo properties Under Contract Listings is -1.7%
* Townhouse-Condo properties New Listings is -2.3%
* Townhouse-Condo properties Sold Listings is +2.1%
* Townhouse-Condo properties Days On Market until Sale is 29 days compared to 27 days from previous year
* Townhouse-Condo Median Sales Price is $295,000 (+11.3%) compared to $265,000 from previous year
Single Family
* Single Family Active Listings inventory is -25.4% compared to May 2015
* Single Family properties Under Contract Listings is +2.2%
* Single Family properties New Listings is -1.6%
* Single Family properties Sold Listings is +4.7%
* Single Family properties Days On Market until Sale is 27 days compared to 23 days from previous year
* Single Family Median Sales Price is $379,000 (+7.0%) compared to $355,000 from previous year
Townhouse-Condo
* Townhouse-Condo Active Listings inventory is -19.7% compared to May 2015
* Townhouse-Condo properties Under Contract Listings is -1.7%
* Townhouse-Condo properties New Listings is -2.3%
* Townhouse-Condo properties Sold Listings is +2.1%
* Townhouse-Condo properties Days On Market until Sale is 29 days compared to 27 days from previous year
* Townhouse-Condo Median Sales Price is $295,000 (+11.3%) compared to $265,000 from previous year