According to the latest marketing statistics from REcolorado, the Denver Metro market experienced increased inventory levels, as well as an uptick in the amount of time homes are spending on the market, giving your home buying clients more choices and a bit more time to find the perfect home. There is currently 7 weeks of inventory, three weeks more than last year.
In December, sales decreased 1% from last month and are down 17% from this time last year. The number of homes that moved to Under Contract in December was 7% higher than last year, indicating it was an active month. The price of a single-family home inched up 1% from last month, and as compared to last year, prices are just 4% higher.
Showcase your market expertise! Be sure to share the consumer-friendly market statistics wrap up on your social media channels.
We pull statistics on the fourth business day of the month because it leaves time for you to make your status changes. (We require status changes be made within three business days because we’re all about accurate data and we know you are, too!)
Quick Infographic for Denver Metro
Detailed Infographic for Denver Metro
“You’re a Wizard, Harry!”
Statistics are magical. And understanding them can give you a competitive edge and help you impress your clients.
magic market stats