Real Estate Market Trends for Denver CO – August 2016
Denver was a very hot Colorado market this past year and continues at the same pace so far for 2016. Homes do not sit on the market long if they are in good condition and priced right. Denver offers a variety of price points with something for just about any budget.
From August 1, 2016 to August 30, 2016, 719 single family homes sold and closed in Denver CO.
Average Sold Price $385,000 (99.68% of list price)
Average Square Feet 1,349
Average Days on Market 8
As you can see, the average sold price in Denver CO for August 2016 is very affordable. Of course there are still luxury Denver homes which exceeded one million dollars, but for the most part, homes in Denver were and still are within a buyer’s reach financially.
There are currently 1,070 single family homes for sale in Denver CO. These homes range in price from $139,900 up to $7,660,000. Square footage above grade ranges from 628 square feet up to 15,492 square feet.
Here are some fun facts about Denver CO from the City-Data.com website.
Population in 2013: 649,495
Median resident age: 34.1 years
Males 324,648 (50%)
Females 324,847 (50%)
Median income for 2013 $51,089
Cost of living in Aurora from March 2013: 108.4 (verses 100 for the US average)
Denver is a great place to set down roots and start living the Colorado lifestyle.
Call today for more information about Denver, Colorado.
Photo Courtesy of freedigitalphotos.net
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