A Look Back At The Denver Market in 2015
The Denver metro real estate statistics for 2015 show strong growth in the real estate market. Home values were on the rise as reflected in the median sales price of $310,000, up 12% from 2014. Interest rates remained low, inventory increased slightly, and demand remained strong for residential single family homes and condos in the Denver Metro area. A continued rise in home values is expected in 2016 with inventory still much lower than the demand as shown by shorter listing periods often with properties selling the first day with multiple offers.