Housing Market in Denver – August 2016

    Denver CO Housing Market August 2016 InfographicDenver Metro Sees A Slight Decrease in Home Prices

    Note: The stats below are from ReColorado.com and include the entire MLS rather than just the Denver Metro area. Boulder County is included in these stats.

    Denver Metro continues to see a decrease in average home prices and a slight increase of average days on market. Inventory is holding steady. Contact The House Hunters Colorado Team for more detailed information on your area.

    August Active Listings:

    • 8,854 active listings on the market
    • -1% since last month
    • -4% change compared to this time last year

    August Inventory Levels:

    • 7 weeks of inventory

    August Average Sold Prices:

    • Average sold price for a single family home in August was $403,245
    • -1% change since last month
    • Up 12% from last year

    August Home Sales:

    • 5427 homes sold
    • Up 5% percent since last month
    • -7% decrease year over year
    • Average days on market was 23 days
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