Right now is historically the best time to sell! Denver’s real estate market hit record breaking highs in August and will continue to thrive.
Proceeds from home sales in August 2020 were up 33% from August 2019! The sale of million dollar homes is up 53% from August 2019.
The average home value in the Denver Metro area is now above $600,000 for the first time.
Denver Metro Realtor’s Association’s Market trends Committee predicts that this surge of home values will continue into the winter due to pent up demand from low inventory.
If you’re thinking of making a change, you could not pick a better time to list than right now.
Statistics from:
Ritter, Cassidy. “Denver’s Average Single-Family Home Price Hits Another Record.” 5280, 5280 Magazine Inc., 4 Sept. 2020, www.5280.com/2020/09/august-was-another-record-breaking-month-for-denver-real-estate/.
