Denver Metro Real Estate Market Info
If you’re interested in the Denver Metro Real Estate Market below is a quick summary of what happened in 2016. Below there are two full reports with much more detail. Both the December 2016 statistics and the 2016 annual report.
Here is a quick summary of 2016:
2016 Total Days on Market = 27 (same as 2015)
2016 New Listings = 70,219 (-0.5% from 2015)
Top 5 Areas (increase in new listings)
- Lochbuie + 33.5%
- Bennett + 31.7%
- Kiowa + 27.7%
- Lafayette + 26.5%
- Franktown + 18.2%
2016 Sold Listings = 60,031 (+ 0.3% from 2015)
Top 5 Areas (increase in sold listings)
- Lochbuie + 54.3%
- Edgewater + 35.8%
- Pine + 34.4%
- Franktown + 32.9%
- Bennett + 19.1%
2016 Median Sold Price = $345,000 (+11% from 2015)
Top 5 Areas (Increase in Median Sold Price)
- Fraser + 20.5%
- Wheat Ridge + 19.6%
- Pine + 17.4%
- Lakewood + 17.4%
- Bailey + 16.4%
2016 Average Sold Price = $394,919 (+9.5% from 2015)
Top 5 Areas (Increase in Average Sold Price)
- Fraser + 33.2%
- Wheat Ridge + 21.3%
- Strasburg + 18.3%
- Elizabeth + 17.8%
- Black Hawk + 17.1%