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- Updated on June 1, 2018 -
Last Month, 4789 homes were sold, which was 1% lower than last year. Year to date, sales are just 2% lower than 2017 figures.
In addition to strong home sales last month, we saw a higher number of homes going under contract. Contracts were placed on 6142 homes, which was a 12% increase from a month ago.
More sellers listed their homes last month, too. A total of 6943 new listings hit the market, 5% more than this time last year. This marked the first time we’ve seen active listings climb above 5000 this year.
Homes continue to move off the market quickly throughout the Denver metro market. The average time a home spent on the market last month was only 33 days. See stats, below.
Till next month,
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Data for our Average Home Price And Trends Report is provided by Metrolist. Graphs copyright© Michael Dagner Group. All information deemed accurate, but cannot be guaranteed. Image attribution - percent - www.sxc.hu
Michael Dagner is an expert in Denver-Area home sales.
Call today, (303) 514-4000, for help with your home sale or purchase.
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The Michael Dagner Group, Brokers Guild Cherry Creek Ltd, 7995 E. Hampden Ave, Ste 100, Denver, CO 80231 Map
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