Seasonal Slowdown But Still a Strong Market...
With another school year upon us, the Denver Metro Area Real Estate Market has experienced the typical seasonal slowdown we see this time of year.
Even with the slowdown the market remained very strong and active. Although the numbers year over year have showed a slight decline, strong buyer activity led to the highest level of closed homes on record.
Available inventory has improved a bit but demand is still high which has caused prices to continue to appreciate. The average single family home closed 14% higher at $613,656!
Stay tuned to Denver Realty Pro for the latest on what is happening in the Denver Metro Area Real Estate Market.