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Hilltop Denver Real Estate Market Report – Hilltop Homes For Sale

Hilltop Denver Homes For Sale
The real estate market price change map above shows Hilltop Denver home sale statistics and Hilltop Denver real estate trends for January 2012. In this article I will explain what is happening in the Hilltop Denver real estate market.

January 2012 Hilltop Real Estate Market Statistics

  • The average days on market (DOM) was 136 days for Hilltop Denver which is the average time it takes a Hilltop home to sell. This is above average for most neighborhoods in Denver but is typical for homes priced over $500,000.
  • There was a positive 5% year-over-year price change for Hilltop Denver.
  • $752,000 is the current average price of Hilltop homes for sale as of January 2012.
  • 135 Homes sold in Hilltop Denver from January 2011 to January 2012 .
  • There are currently 53 active Hilltop homes for sale as of January 2012.
  • There are 4.7 months of inventory available in Hilltop Denver. A healthy market has 6 months of inventory or less which means that the Hilltop real estate market is healthy as of January 2012. This is a big change over the past few years where it was definitely a buyers market. It may be the beginning of a sellers market in Hilltop.

As you can see in the map above, in the Hilltop real estate market, prices have gone up over the past year. It is still taking a while to sell a home in Hilltop Denver, Colorado, four to five months from listing to sale.

It’s a great time to be a buyer or seller of Hilltop homes for sale. Interest rates are at all-time lows and Hilltop is a great established Denver neighborhood with very nice, larger older homes. Hilltop is very conveniently located near downtown Denver.

Contact J. David Lampe, your Hilltop REALTOR®, to start looking for your Hilltop home for sale today.

J. David Lampe, Hilltop REALTOR®
RE/MAX Alliance
In-Depth Market Knowledge, Personal and Professional Service
Serving the Metro Denver Area