Denver Market Cools to New Normal

Denver’s race car pace of appreciation in the 8% range each year over the past several years is finally cooling to a New Normal around 5% or less.  Compared to April 1st 2018, Denver is showing a 5.8% increase through April 1st 2019, even though Median Price is holding steady the last 4 months at just under $400,000.

The $300-$499k price range has been 51% of all Denver Solds in 2019, through March 31st.  The 80/20 mix applies here, too, where 20% of the properties are attached, condos or town homes, while 80% are the detached single family. DOM, 100% list, 1.3 MOI

 

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Lorem ipsum dolor sit amet, consectetur adipiscing elit. Donec lacinia vel augue sit amet faucibus. Curabitur sit amet placerat orci. Aliquam venenatis elit in augue faucibus, eu tincidunt augue imperdiet. Vivamus leo justo, cursus a interdum vel, pretium vitae dolor. In tristique dui vel erat fermentum lobortis. Praesent augue neque, ornare quis lacus sit amet, consequat volutpat diam. Phasellus augue metus, consectetur nec sapien id, semper viverra dui. Etiam nec tortor dignissim, interdum velit a, mollis urna. Mauris sed elit at mi sollicitudin ultrices non ut odio. Nam quis magna congue, bibendum tellus id, placerat ligula. Aliquam erat volutpat. 

Thursday: Best Day for New on Market

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Lorem ipsum dolor sit amet, consectetur adipiscing elit. Donec lacinia vel augue sit amet faucibus. Curabitur sit amet placerat orci. Aliquam venenatis elit in augue faucibus, eu tincidunt augue imperdiet. Vivamus leo justo, cursus a interdum vel, pretium vitae dolor. In tristique dui vel erat fermentum lobortis. Praesent augue neque, ornare quis lacus sit amet, consequat volutpat diam. Phasellus augue metus, consectetur nec sapien id, semper viverra dui. Etiam nec tortor dignissim, interdum velit a, mollis urna. Mauris sed elit at mi sollicitudin ultrices non ut odio. Nam quis magna congue, bibendum tellus id, placerat ligula. Aliquam erat volutpat. 

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