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Metro Denver Real Estate Market Update – January 2018
2017 Ends with Typical Housing Market Slowdown 
The latest data from REcolorado shows the housing market following typical patterns at the end of the year across the Greater Denver Metro Area. 35% fewer new homes for sale came on the market in December as thoughts turned to the holiday season. December saw fewer new listings, fewer home sales, and fewer weeks of inventory compared to this time last year. Average sold price is still rising, as is average days on market.
View the December 2017 REcolorado Market Watch Video.
Download the December 2017 REcolorado Market Watch Infographic. 
Home Sales
In December, 3,926 homes sold in the Greater Denver Metro area, a decrease of 17% compared to last month and 13% less than December 2016. As compared to last year, sales of single-family detached homes decreased 12% and sales of condos/townhomes decreased 14%. Home sales typically moderate in December as home shoppers focus on the holidays.
Home Sales Monthly Change
December 2017 -- 3,926
November 2017 -- 4,703
-17%  
Average Sold Prices
The price of a Denver home saw a slight month-over-month increase. In December, the average price of a single family home was $443,378, up 2% from last month, and 12% higher than last year at this time. The average price of ... more

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