Home prices increased last month. They were higher than the month before and a year before. That’s most likely because interest rates dipped in September, leading to more buyer activity and then more closings in October.
Our local market in October:
Residential – Detached and Attached Homes
Average Closed Price: $708,072
+4.93% month-over-month
+3.70% year-over-year
Median Closed Price: $599,975
+4.34% month-over-month
+3.27% year-over-year
Active Listings at the End of the Month: 10,940
-1.57% month-over-month
+46.22% year-over-year
Closed Homes: 3,443
+2.35% month-over-month
+7.96% year-over-year
Average Days in MLS: 44
+10.00% month-over-month
+37.50% year-over-year
Detached Homes Average Closed Price: $778,443 Median Closed Price: $650,000 Active Listings at the End of the Month: 7,453 Closed Homes: 2,670 Average Days in MLS: 43 | Attached Homes Average Closed Price: $465,005 Median Closed Price: $401,000 Active Listings at the End of the Month: 3,487 Closed Homes: 773 Average Days in MLS: 46 |
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Click HereJUST LISTED
998 E 167th Avenue Thornton, CO 80602
Gorgeous home in the fantastic North Creek Farms neighborhood.
3 Bedrooms | 3 Bathrooms | 3,284 SQ FT | 3-Car Garage
Take a video tour, view floorplans and get complete details about this home.
What's happening to home values NEAR YOU?
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Click HereMetro Denver Real Estate Market Activity
During the last week:
New Listings – 1082
Back On Market – 296
Price Increase – 445
Price Decrease – 1549
Pending – 1097
Withdrawn – 279
Closed – 1259
Expired – 836
Two weeks ago:
New Listings – 1121
Back On Market – 281
Price Increase – 67
Price Decrease – 1860
Pending – 1104
Withdrawn – 237
Closed – 1091
Expired – 353
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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
Why mortgage rates could be heading to 8%, despite a possible Fed cut
First Year-over-year Sales Gain Since August 2021
Trump is victorious. Will mortgage rates go to 8%?
– Michael H. and Anya F., Lafayette
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