Denver Housing Market is Hot!

Real Estate Agent with The Berkshire Group

Denver's housing market is hot!  Oh what a difference a few months make.  In May, 2012, the average price for a single family home was $307,896, UP 10.18% from May, 2011.  Condo prices were UP 12.00% over the same time period.

Inventory for homes is way down:  In May, 2011, our market had 17,888 homes for sale. May, 2012, there were only 10,591!   That is a -40.79 percent of change in available inventory! Unbelievable, especially with the historic low interest rates.

Average days on market:  May, 2011 - 108.93      May, 2012 - 78.56

If you know of anyone who wants to buy or sell in the Denver Metro area, please give me a call!

Denver Skyline

Comments (2)

Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

I am glad to see the market with some life and potential.

Jun 09, 2012 03:09 AM
Adam Malachi
A 2 Z Realty LLC - Castle Rock, CO

Great post! The Denver market change to sellers market fast!

Thanks for sharing,


Jun 09, 2012 01:53 PM