Facebook
X
Pinterest
Copy Link
Spring is emerging in the Denver Metro housing market. We saw the market begin to pick up in February. March continued to build momentum, with activity likely to increase even further as the spring season begins. Closed listings increased 35% month over month, indicating an increase in buyer activity. Median home prices increased month over month and days on market decreased month over month; all pointing to an increased pace of our market.
Bullet points with March stats:
~ The median sold price for single family homes (including attached and detached) in March is $590,000 which shows an increase (2.61%) from last month (February) and a decrease (1.42%) from last year.
~ The average number of days on MLS in March was 50 days, which shows a 15.25% decrease from last month (February) and a 6.38% increase from last year in February.
~ Active listings at month end are 9846. This shows a 9.55% increase from last month (February) and a .84% increase from last year in February.
~ Average active listings for March are 13,105 (1985-2025). Record high March was 2006 with 27,309 listings and the record low was 2021 with 1921.
~ Historically, active listings increase an average of 11.32% from February to March. This year, the increase was 9.55%; indicating a slower growth in new listings.
Please reach out with any questions. I am happy to help.
If you have any questions or would like to discuss selling or purchasing a property, contact me today at 303-949-9683 or Amy@MountainTimeRealEstate.com .
#RealEstate #MarketStats #DenverMetro #MountainTimeRealEstate
