Here are some updates for the Denver Real Estate Market for the week of June 10th-17th, 2012
There are currently 11,294 active residential listings in the Denver Metro area according to Denver Metro MLS IDX
The median price is $324,500 and the average price is $478,840 according to Denver Metro MLS IDX
There are 2.624 active Condo listings on the market with an average price of $271,589 according to the Denver Metro MLS IDX
Inventory remains low, and demand high in certain price brackets. We are experiencing multiple offer situations in many neighborhoods across the Denver Metro Area. Many buyers are still adjusting to the new reality that competition is driving up prices and forcing buyers to have to make quicker decisions. Overall, this is good for the Denver Housing Market.
Here is a quick link to a news story about the Denver Housing Market
As of 6:23am on June 11th, 2012, there are 2,624 active Condominium listings on the market in the Denver Metro MLS IDX. The current range of prices in the Denver Metro MLS IDX is $2,400 to $10,500,000. The median price is $180,000 and average price is $271,589. The average price per square foot is $184. There are 14 new listings today.