Downsizers or 1st Time Buyers: Denver Condo prices continue to increase

Condo sales and prices in Denver have been consistently rising the last few years.  Below are the stats comparing 2017 sales with those of 2015 and 2016.  If you are a first time buyer,  prices are expected to continue to rise as well as interest rates so consider buying now rather than continuing to pay high rent prices.  

If you are thinking of downsizing and would like to sell your larger property, we can successfully sell your home and assist you in preparing for downsizing by decluttering your home.  We  will then find that right sized property that will meet you needs.

Visit our website   Downsizing-in-Denver or contact me today at dee@petrelliteam.com or call 720-244-6481.

Here is the Market Summary for Denver Condos for sale.:

• There are 863 active Denver Condos Condos on the market.
• There are 775 under contract denver Condos on the market.
• There are 0 Denver foreclosures on the market.
• Average prices increased $31,194.00 over the last year from $351,549 to $382,743.

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Denver Condos Current Market Activity

863	775	0	0
Active Condos	Under Contract Condos	Active Focreclosures	Under Contract Focreclosures

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Denver Sold Condos 
(Past 3 Years)

5403	$323,138	5335	$351,549	3896	$382,743
2015  Sold	2015 Average Price	2016  Sold	2016 Average Price	2017  Sold	2017 Average Price

Denver Sold Home Data By Month
(Past 5 Years)

Year	January	February	March	April	May	June	July	August	September	October	November	December
2016	786	865	1138	1276	1406	1376	1358	1362	1273	1223	1141	1103
2015	650	880	1161	1228	1281	1528	1486	1285	1330	1221	904	1182
2014	704	836	1074	1265	1378	1508	1386	1237	1212	1305	1053	1085
2013	674	765	1038	1215	1391	1406	1482	1442	1144	1149	953	1000
2012	593	637	903	1056	1269	1270	1115	1190	993	968	981	863

Recent Sold  Denver Condos*:

This is a list of the most recent sold Condos. Visit our website for a complete list of all Sold Denver Condos.

Address	Sqft	Beds	Baths	Price	Close Date
480 South Marion Parkway	1272	2	2	$450,000	2017-09-07
5410 Tamarac Way	2530	4	4	$510,000	2017-09-07
2835 West Parkside Place	864	2	2	$360,000	2017-09-07
1020 East 78th Place	1240	2	2	$246,000	2017-09-07
2835 West Parkside Place	982	2	2	$218,108	2017-09-06
256 South Pearl Street	922	1	1	$331,215	2017-09-05
4825 South Ammons Street	1202	2	3	$315,000	2017-09-06
2137 Coronado Parkway	974	2	2	$215,000	2017-09-01
6980 East Girard Avenue	1560	2	2	$274,900	2017-08-29
9105 East Lehigh Avenue	900	2	2	$214,000	2017-09-06

*This is list of the most recent sold homes for the  Denver area. Not all homes were sold by The Brian Petrelli Team.

Based on information from REcolorado®, Inc. for the period 2012 through 2017 Note: This representation is based in whole or in part on content supplied by REcolorado®, Inc. REcolorado®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by REcolorado®, Inc. may not reflect all real estate activity in the market.



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