Denver Market Trends Report May 2016 YTD results

Market Trend

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

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