April 2013

By the numbers, the inventory of available homes for sale is 6,945 homes at April month end, 6,892 homes came onto the market, 6,855 homes were placed under contract, and 4,714 homes closed for a closed dollar volume of $1.4 Billion. Prices are up 5% in the Denver Metro area from last month, 12% from this time last year, putting the average home prices at levels not seen since their 2006 peak.

 

Market Recap

Single Family

Active Inventory is 5,662 homes

Sold units is 3,798

Average Days on Market is 56

Median Sold Price is $280,000

Average Sold Price is $336,123

Condos

Active Inventory is 1,283 homes

Sold units is 916

Average Days on Market is 52

Median Sold Price is $163,500

Average Sold Price is $196,966