Hot Spring Market
Despite interest rates continuing to climb, (up to 4.7%) these April 2018 Denver Real Estate Statistics show home values continuing to rise. Many more listings hit the market in April and we should see even more before the summer months. Buyers are still competing for homes in this strong seller’s market. Median home sales prices for attached and detached homes in our greater five county area is at an all time high of $415,000. Sellers saw their average price for square foot grow to $222 and the average day on the market shrink to just 20 days. No surprises that this spring real estate market is as hot ever.