Market Update 4.2.19

Market Watch 4/2/19

Denver Real Estate Market

Market Watch

Rates In the 3% are getting scooped up by buyers locking rates In and going under contract.

Inventory remains tight and the pace of homes are that going under contract is increasing.



Median list price $595,737, average price per square foot $290, 69 days average days a home is listed for sale, 37% of homes reduced the list price, 4% increased the list price, 8% of listings fell out of contract and were relisted for sale, 758 homes available for sale in Denver, median rent $1,992, $6,250,000 is the highest list price and $80,000 is the lowest priced home In Denver In MLS. Summary: Strong Sellers Market.

Statistics provided by Fidelity National Title.