Colorado's real estate market is being driven by job gains, and population increases running twice as high as the national average. And with such low volumes of listings and high property values, now is the time to sell. Your home might be worth more than you think and we offer free property evaluations.
Single Family Residential
|Values $500,000 - $749,999||Values $750,000 - $999,000||Values $ 1 Million+|
|Active Inventory||Over All Markets||3,338|
|Average Days on Market||90||90||124|
|Per Square Foot Total||$170.00||$188.00||$276.00|
No winter blues on the high end of the market. February’s 22 inches of snow in the Denver area did not bury the high end market last month; in fact, it heated up.
Nearly 9% more properties sold in the Signature Market ($750,000 - $999,999) in Feb than in Jan (24% increase compared to 2014).
The Luxury Market ($1,000,000+) saw an increase of 40% more homes selling in Feb than Jan. The price per square foot is on the rise!
- Jill Schafer, DMAR Market Trends Committee