Housing Market in Denver – November 2016

    Homes sold in November up 10% compared to last year

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

    Strong home sales in the Denver metro housing market create a record month not seen in over a decade. Inventory is stable with a seven week supply. Contact The House Hunters Team for more detailed information on your area.

    November Active Listings:

    • 6767 active listings on the market
    • Down 15% since last month
    • -3% change compared to this time last year

    November Inventory Levels:

    • 7 weeks of inventory

    November Average Sold Prices:

    • Average sold price for a single family home in November was $400,349
    • Up 2% since last month
    • Up 10% from last year

    November Home Sales:

    • 4400 homes sold
    • Down 6% percent since last month
    • 10% increase year over year
    • Average days on market was 30 days
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