It's widely known that real estate buyers and sellers hesitate starting a transaction during the holiday season. The new year is now past us, leaving the real estate market gearing up for spring.
Now is the time to watch listings as they are added each day on my website COhomefinder.com. There were 98 Denver homes listed today, Wednesday January 05, 2011. The statistics for these listings are as follows:
o Minimum price: $20,000
o Median price: $234,750
o Average price: $337,967
o Maximum price: $1,795,000
Some listings are being listed for the first time and others are being relisted after being off the MLS for a couple weeks or months while sellers are waiting for the market to bring more buyers. As you can see, COhomefinder also has stats for all the homes for sale in Denver:
o $220,000 median for sale price
o 3835 listings for sale
As you will notice the median price of listings for sale is lower than the newest listings.
Of course the best way to compare homes if you're buckling down for a serious spring home search is to look inside. A Denver 8z real estate broker from my team is available in the Denver neighborhood of your interest. Give us a call at 303-543-3083