Denver Metro Area Real Estate Market

Dated: 04/21/2017

Views: 382

The Denver Metro Area market showed continued gains over the last 30 days, extending a three-week growth trend. Sales climbed 0.6% to 3,939 homes, the most in three months. Leading the way in terms of contribution was Denver County with 963 sales. 

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As sales reached a top, prices have been increasing. The median sales price hit $370,000, extending an eight-week long spike. The higher trending sales numbers and rising prices, along with the fact that there is a lower-than-normal one month of inventory in the market, drive home the fact that the Denver Metro Area is a solid seller's market. 


DEMOGRAPHIC FACTS ABOUT THE DENVER METRO AREA:

  • The population has increased 16.7% in the last 10 years.

  • The lifestyle rating for this area is 61. (Scale: 1 = Worst, 100 = Best)

  • The breakdown of residents commuting to work is 74.9% by car, 10.3% by carpool, and 4.7% by public transit.


Denver Colorado Real Estate Professional
 -Michael Steffen

Michael is a motivated realtor specializing with investors and new home buyers located in the following areas; DenverArvada,Aurora and surrounding areas. Michael Steffen uses advanced internet marketing to insure your property gets maximum exposure and holds a high value of ethics in his work to ensure the ideal scenario for everyone! For help with buying or selling a property call 303-981-2750!

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Generation Property Group

My name is Michael Ross Steffen. I’m an Exit Realty Cherry Creek Agent in the Denver metro area and Team Leader For Generation Property Group! We specialize in advanced Internet marketing, buying, s....

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