This Week Overview

Dated: 07/29/2015

Views: 485

   

The median list price in DENVER, CO

this week is $499,000. The 1148

properties have been on the market

for an average of 62 days.

The Market Action Index has been

trending down lately, while inventory

and days-on-market are climbing. The

trends imply a weakening market.

The market has been cooling over

time and prices plateaued for a

while. Despite the consistent

decrease in MAI, we're in the Seller's

zone. Watch for changes in MAI. If

the MAI resumes it's climb, prices

will likely follow suit. If the MAI

drops consistently or falls into the

Buyer's zone, watch for downward

pressure on prices.



Jason O. Wilbur

Certified Military Residential Specialist

Ion Real Estate

Associate Broker

Cell 303-819-2554

coloradowilbur@gmail.com

jason.ioncoloradorealestate.com

Denver Office

1127 Auraira Parkway Suite 100-13

Denver Co 80204

Want to Advertise on this Site?

Latest Blog Posts

Colorado Native Trout And Where To Find Them

Cutthroat Troutthe greenback subspecies named official state fish of Colorado in 1994The Cutthroat (Oncorhynchus clarki) deserves to be state fish, as it is the only trout that is native

Read More

Jul 5 2017 Happy Belated 4th

What a great summer in the real estate world. Denver is such a great city to be in and I have been very active with lots of great clients - showing them homes and helping them with their mortgage

Read More

Jul 2 2017 36392 1

Another great month! I'm starting to think that I have now seen every house in Denver! This past month has been a non stop showing extravaganza! I have some wonderful clients who all make this job

Read More

The Highlands Neighborhood

I grew up in a charming handcrafted home on 35th in the West Highlands. Built in 1922 by the owner of a local lumber yard.  It seemed like every house in the neighborhood was

Read More