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What this week looks like in Denver!

By
Real Estate Broker/Owner with Hamm Homes

Denver, CO

Tue Mar 14 2023
This week the median list price for Denver, CO is $765,000 with the market action index hovering around 55. This is an increase over last month's market action index of 52. Inventory has held steady at or around 497. 

This answers “How’s the Market?” by comparing rate of sales versus inventory.

 

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Denver market.
Median List Price
$765,000
Median Price of New Listings
$695,000
Per Square Foot
$383
Average Days on Market
73
Median Days on Market
35
Price Decreased
36%
Price Increased
5%
Relisted
9%
Inventory
497
Median Rent
$2,600
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Sellers are going to like that this week's Denver housing prices are climbing. Sellers, it's time to call Will and get listed and SOLD!

Mar 14, 2023 08:27 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Will. Steady inventory and prices rising. Sounds like the land od opportunity to the ambitious and knowledgeable agent. Enjoy your day.

Mar 14, 2023 09:27 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Will I get asked the same question daily How is the Market, especially now with bank failures and crazy interest rates, Endre

Mar 14, 2023 10:46 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

The prices in Denver are high, just like your hopes of winning your March Madness bracket challenge, haha.

Mar 15, 2023 05:54 AM
Roy Kelley
Retired - Gaithersburg, MD

Good Wednesday afternoon, Will.

Have a great day and an outstanding week.

Mar 15, 2023 01:00 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Denver home buyers and sellers are sure to value your real estate market report, Will.

Mar 16, 2023 12:31 AM