Sell Your Home for One Percent - Full Service without the Fees

David Lampe and Tom Grant, The Principal TeamReady to Make Your Move?
Text or Call David and Tom

720-408-7409

Main Menu

Here’s an overview of our market last month with statistics we don’t often look at. We thought this would provide a unique perspective on what’s happening in our area.

Home Prices by Total Square Feet During May

  • 1,500 sq ft or less: Average: $380,455, Median: $360,000
  • 1,501 to 2,000 sq ft: Average: $507,822, Median: $464,000
  • 2,001 to 2,500 sq ft: Average: $560,198, Median: $505,000
  • 2,501 sq ft: Average: $814,542, Median: $662,000

Prices by Bedroom

  • 2 bedrooms or less: Average: $411,372, Median: $365,000
  • 3-bedroom homes: Average: $544,297, Median: $490,000
  • 4 bedrooms or more: Average: $774,640, Median: $630,000

Prices by Year Built

  • Before 1960: Average: $600,388, Median: $510,000
  • 1960 to 1980: Average: $525,575, Median: $470,000
  • 1981 to 2000: Average: $594,010, Median: $515,000
  • 2001 until now: Average: $659,739, Median: $542,000

__
Source: REColorado


Why pay more to sell your home? Home prices are also higher now than they’ve ever been. With prices so high, commission checks are at record highs, too. The advantages technology brings to the real estate industry haven’t resulted in lower costs for consumers. We’re working to change that. The Principal Team provides top-notch service and charges lower fees than other agents. We’d love to show you what we provide and how much you can save. Click here to schedule a call.

Metro Denver Real Estate Market Activity

During the last week:
New Listings – 1665
Back On Market – 230
Price Increase – 194
Price Decrease – 444
Pending – 2083
Withdrawn – 118
Closed – 1777
Expired – 149

Based on data from REColorado®
Previous Week:
New Listings – 1419
Back On Market – 233
Price Increase – 197
Price Decrease – 388
Pending – 2114
Withdrawn – 110
Closed – 1684
Expired – 98

Trends in Metro Denver

Real Estate News

Mortgage rates continue their fall, to 2.93%

How real estate investment can be a form of activism

Inflation could create a ‘giant wealth transfer’ from lenders to borrowers