COLORADO'S REAL ESTATE MARKET REPORT - STATS FROM February 2019
Posted by West + Main Homes on
In February, for the entire residential market (single family and condos), there was a 47.33 percent increase in active listings year over year generating a 5.6 percent increase in new listings compared to the month prior.
“Love was in the air in February’s real estate market. Buyers were loving homes so much they put 15.64 percent more homes under contract in the 11-county Denver metro area than they did in January,” said Jill Schafer, Chairwoman of the DMAR Market Trends Committee and metro Denver REALTOR®. “We’re definitely seeing the seasonal market pick up with the average number of homes sold in February up 4.77 percent month-over-month.”
Schafer assesses that the increase in contracts can be partly attributed to the increase in choices.…
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