09/08/2022
The numbers are in. In August, Denver buyers saw a slight 5.7% decrease in available listings since July.
Although home prices have dropped 4.5% since last month, they remain up 6.8% year over year, indicating that this is still an advantageous moment in history for sellers.
Whether buying or selling, it is vital to partner with a seasoned broker to successfully navigate the competitive market.
july 2022 → august 2022
average price $657,284 // ↓ 4.5%
days on market 19 // ↑ 46.2%
active listings 6,939 // ↓ 5.7 %
homes sold 4,221 // ↓ 5.9%
august 2021 → august 2022
average price // ↑ 6.8%
days on market // ↑ 72.7%
active listings // ↑ 93.7%
homes sold // ↓ 30.2%
