Denver Real Estate’s Seasonal Cool Down

Denver Real Estate’s Seasonal Cool Down

Denver Real Estate Market Snapshot - August 2019

Home sales slowed this August as the summer nears its end. In July, we saw high sales volume and sales price. August had a large dip in detached home median sales price while attached condos, townhomes, and duplexes rose in median sales price. Interest rates continue to fall, the lowest they’ve been since October 2016! The star player in Denver’s home market continues to be inventory, with the highest number of August active listings in the last six years. This is resulting in homes spending more time on the market, and lower home prices.

Share This Post

Related Post

Up Next
Connecting people to people.