Steady and Strong...
Despite the growing Coronavirus outbreak March continued to show steady and strong results. Home sales were up 2% from this time last year with 4,631 sales registered in March 2020. The average sold price for single family homes rose by 7% for an average of $513,691.
The average days on market reduced by 2 days while the weeks of available inventory remained the same at 6 weeks.
The Pandemic has affected many businesses across Colorado. Did you know that real estate was labeled an essential business? We are still open for business but with many restrictions.
If you're thinking of buying or selling a home, don't worry. We are available to guide you through the process during these trying times.
March 2020 Denver Real Estate Market Stats
Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood!
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