The Denver real estate market continues to rocket along with a year-over-year 10.54% increase in average home prices — combining single family and condos. Separately, single-family home prices increased by 9.83% from a year ago, with an average sold price of $298,712. The average days on the market also decreased by 19.64% when measured against April of 2011.
Denver Condo and townhomes prices fared equally well over the past year. The average sold price increased by 12.49% to an average of $178,231. The average days on market decreased by 26.02% when compared to last year.
This band chart shows that month-over-month Denver housing indicators are also showing promise:
Single Family and Condo Sales:
When homes are broken down by price ranges, it becomes clear that the lower price points are showing the most activity, with movement also occurring in the mid range of 300 to $499,999. Bidding wars are the new norm in Denver in homes under 299,000 that are priced properly and in decent condition.
Denver Home Activity by Price:
Please feel free to contact me with any questions about the Denver real estate market.









