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Real Estate Market Trends for Denver CO – September 2016

By
Real Estate Agent with Aspen Lane Real Estate Colorful Colorado CRE# 40005863

Real Estate Market Trends for Denver CO – September 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 September 1, 2016 to September 30, 2016, 728 single family homes sold and closed in Denver CO.

 

                Average Sold Price   $389,900  (99.19% of list price)

        Average Square Feet   1,320

         Average Days on Market  9

 

As you can see, the average sold price in Denver CO for September 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.

 Denver

There are currently 1,042 single family homes for sale in Denver CO.  These homes range in price from $100,000 up to $7,661,000.  Square footage above grade ranges from 456 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

Comments(6)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Belinda. Days on market and sales price to list price says it all! Enjoy your day!

Oct 06, 2016 08:56 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Good morning, Belinda --- this is a nice overview of the Denver real estate market that hopefully prompts those thinking of a move to contact you.   Your knowledge of the area is sure to put smiles on their faces.  Happy Friday.

Oct 06, 2016 11:42 PM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Belinda Spillman - I you sure your market is hot? I think it may be a huge inferno at 9 DOM!  I love the"Fun Facts".  Great addition to the Market Trends. 

Oct 07, 2016 12:41 AM
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Belinda, Denver CO home sellers would love to hear DOM only 9 days. Those looking to buy or sell in the area would be wise to contact you, not only you know the real estate market but the area as well.

Oct 07, 2016 01:09 AM
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Good morning Belinda Spillman Wow, nine days on market and almost 100% LP/SP 

Love the fun facts!

Oct 07, 2016 01:25 AM
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Belinda - Thanks for that excellent market overview. It's very helpful to keep track of how our neighbors to the south are doing - pretty much the same as here. Have a great weekend!

Oct 07, 2016 07:11 AM