The Real Estate Breakdown

I don’t know about anyone else but February was a super weird month and that’s saying something for a month that follows January. Snow days, sick days, teacher strikes 🔥 – it was a doozy. But now that it’s March and things are back to normal let’s recap the Denver Metro Area market, shall we 💁🏼‍♀️ The most notable mark is that the median sold price ⬇️ 1.23% from February 2018. We’ve had a bit slower start to 2019 than we did in 2018 – probably because February was just so off, I guess I wasn’t alone in this.

We also have more inventory than we did in 2018, the beginning of 2018 we had the lowest amount of inventory ever on record. With high buyer demand and little options - the prices climbed. This year buyers have almost twice as many 🏠 to choose from as they did in 2018. But don’t get carried away, our average number of active inventory for February is 14,008 and this February we had 6,017 properties for sale 💰.