The latest housing market statistics from REcolorado show seasonal cooling as we head into fall. We saw fewer homes come on the market and home sales took a breather, which is typical for this time of year. As compared to August, homes stayed on the market an average of 2 days longer in September, giving buyers more time to make decisions.
Year over year, arrows point up showing strong sales and more new listings compared to last September. Sold prices have come down slightly from the peak summer average of $502,460 to $482,067 in September. Compared to last September, home prices are up 6%.
Check out my latest video on Denver's Real Estate Market Quarter 3 Stats for 2019.