A Look at October 2015 Real Estate Statistics in Denver
The October 2015 Real Estate Statistics show increased seasonal slowing in the real estate market. We are seeing a continued drop in the number of new listings as well as the number of sold homes. The average days a property stays on the market also jumped by 14% up to 24 days. However, the median sales price remains the same as the previous month. 30 year mortgage rates dropped a little to 3.8%. These October 2015 real estate statistics show a slight slowing in demand for residential single family homes and condos in the Denver Metro, but not enough to give lower income buyers a break.