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

Denver Office

1127 Auraira Parkway Suite 100-13

Denver Co 80204

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