According to REcolorado (formerly Metrolist),
the Metro Denver Real Estate market did not cool off over the holiday season.
It’s been a bountiful season for the local Real Estate industry, and a delight for Sellers. No quiet snowscape here – Sellers Sold, Buyers Bought, and it was a very Merry Christmas indeed for Denver area Realtors.
Single-family sales rose 4 percent in December from November to 3,983 homes. The average sales price rose 3 percent to $339,636, a new record, and the median sales price was up 2 percent to $285,250 from November. [The Denver Post Business, 1.7.2015]
Visions of sugar plums were dancing in the heads of Sellers this past month, and as winter melts into spring (it’s happened every year since I’ve lived in Colorado, anyway), we can likely expect the positive trend to continue.
“I anticipate buyers will see more selection in inventory as the first quarter gets into full swing,” says REcolorado Chairman Mark Trenka.
Good times for Sellers, more inventory likely on the way for Buyers. This is a great time to list and a great time to start looking. I’d be happy to guide you through the buying or selling process, or help you take a closer look at all of your options in the Denver Metro Real Estate market.
Happy New Year!