Upward Trend: Denver Leads the U.S. Real Estate Market

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An article in the Wall Street Journal said that an April review of the important real estate market temperature indicators reveal that the Denver Metro residential real estate market is accelerating. The number of properties available for sale are at their lowest levels since 2009, the average days on market is decreasing, the number of properties under contract is going up, and the average April sales price is up 6%. The Wall Street Journal article also said that “Compared to April last year, the average price for a single-family residence in the Denver metro area is 11% higher, while the number of homes for sale is down by 43%.”

These indicators all lead to good news for Denver and we’re hopeful that this upward trend continues. At ExtraExtraHomes.com we agree that these are exciting times to be a home seller. It’s been a decade since we’ve seen bidding wars like what are happening now.

If you’re thinking about selling your Denver home this year, Denver’s top Realtor, Jennifer Pollock, invites you to contact her for more information about her no-obligation in-home property value analysis and listing process overview. She has a proven formula for pricing and marketing homes that gets them sold quickly and for more money to your bottom line.

Source: The Wall Street Journal’s MarketWatch

 © 2017 Jennifer Pollock, Broker/Associate Keller Williams Downtown, Denver, CO, Lic. Colorado