Colorado’s Real Estate Market Report – Stats from August 2017
Posted by West + Main Homes on
Denver Metro Area Housing Statistics
The average price of a home in August decreased by 2.75 percent from the previous month to $434,478, yet that price is still over eight percent higher when compared to last year.
"Housing numbers can be presented in ways to paint many different pictures,” said Steve Danyliw, Chairman of the DMAR Market Trends Committee and Denver REALTOR®. “Overall, I feel positive about this market even though we are transitioning towards something that looks more normal.”
According to Danyliw, “looking at the glass as half full,” year to date compared to 2016, the median price of a home increased eight percent and the average home price increased 8.35 percent. Additionally, a record high year-to-date 38,553 properties have sold,…
2162 Views, 0 Comments