The May 2017 Denver Real Estate Statistics show a big jump into the busiest season of Denver real estate. The number of sold homes was up 16.8% and the number of new listings is higher than it has been all year. The median sales price also continues to rise and is now $390,000. Compare that to last year’s May median sales price of $355,000. The average days on market is down again this month by 9.53%. Average 30 year fixed-rate mortgage rates dropped again to 3.91% although they were expected to rise throughout 2017. These May 2017 real estate statistics confirm yet another busy spring real estate market here in Denver. It continues to be a strong seller’s market, and we don’t expect to see that change in the coming months.