Denver Market Update - October 2014
The Denver real estate market is experiencing the seasonal slowdown, yet the inventory decreased once again for the month of October. Denver saw a 10% decrease in listings over the prior month and 23% over a year ago. Sold property saw no change over the prior month and the under contract properties saw a 4% decrease over the prior month. The days on market increased by four days - still very low at 34 days. It has not been the weather, the weather in October was very mild and beautiful!
The following data included both detached and attached properties across the Denver metro area, courtesy of Joan Cox - Metro Brokers - House to Home, Inc.
Like to know how this years sales compare to last year? Here is the Market Snapshot for the year to date information -
** Market data courtesy of Metrolist
Homeowners - if you have thought about selling and would like a home evaluation, please let me know, I will contact you right away. Relocating to Denver, and need some advice - see my Relocating to Denver information.