August 2017 Denver Real Estate Statistics

The August 2017 Denver Real Estate Statistics show the late summer market slowly winding down. Much like what we saw last month, August 2017 showed a drop in the median sales price, an increase in the number of days on the market, and less new listings. However, unlike July 2017, in August we saw a slight increase in the number of homes sold. Comparing these numbers to August 2016, we see a similar seasonal trend, with the exception of the median sales price. Compared to this same time last year, the median sales price has risen by nearly $27,000. Average thirty-year mortgage rates dropped again slightly to a low 3.88%. If these trends continue as expected we should see similar seasonal slowing continue through the Fall.


August 2017 Denver Real Estate Statistics

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