Denver Market Update - October 2014

 

City of Denver

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.

 

  Denver sales data - October 2014

 

 

Like to know how this years sales compare to last year?   Here is the Market Snapshot for the year to date information -

 

Denver Sales - October 2014 YTD

** 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.