Ready to Make Your Move?November numbers have arrived. Prices continue to fall as the number of homes for sale keeps rising. There are more homes for buyers to choose from primarily because homes are sitting on the market significantly longer before they sell. Fortunately, most sellers still have quite a bit of equity in their homes.
Residential – Detached and Attached Homes
Average Closed Price: $657,610
-0.20% compared to October
+4.66% year-over-year
Active Listings at the End of the Month: 6,253
-14.22% compared to October
+178.16% year-over-year
Closed Homes: 2,877
-18.34% compared to October
-46.163% year-over-year
Days in MLS: 34
+21.43% compared to October
+126.67% year-over-year
Detached Homes Average Closed Price: $732,437 Active Listings at the End of the Month: 4,572 Closed Homes: 2,050 Days in MLS: 36 | Attached Homes Average Closed Price: $472,126 Active Listings at the End of the Month: 1,681 Closed Homes: 827 Days in MLS: 30 |
Thinking about making a move? Get expert guidance. If you plan to move within six months, call us now. Call 720-782-2468 or schedule a time for us to call you.
Schedule a No-Obligation CallMetro Denver Real Estate Market Activity
During the last week:
New Listings – 697
Back On Market – 252
Price Increase – 73
Price Decrease – 943
Pending – 949
Withdrawn – 259
Closed – 967
Expired – 649
Previous Week:
New Listings – 527
Back On Market – 184
Price Increase – 42
Price Decrease – 956
Pending – 724
Withdrawn – 212
Closed – 878
Expired – 517
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Based on data from REColorado®
Trends in Metro Denver
- Home Prices
- How Long It Takes to Sell a Home
- Prices Per Square Foot
- Showings Until Pending
- Active Listings
- New Listings
- Closings
Real Estate News
“We are a return client of David Lampe and the Principal Team because David had previously demonstrated to us his combination of real estate expertise, energy, and patience in getting the job done. However, his greatest strength is perhaps his stick-to-intuitiveness. His continuous focus on problem solving is astonishing. More than once, when we thought the deal wouldn’t happen, David just unrelentingly kept going and made it work. On this most recent sale of our high-rise condo and the purchase of our new home, David navigated thru complex negotiations and last minute POAs necessary due to health emergency, while remaining calm, collected and professional. And his 1% sales fee saved us $35,000!”
– Ron & Cynthia T., Denver
See what other clients have to say about the services we provide.