According to Denver’s MLS provider Metrolist, active single family residential homes for sale dropped -5.49%, from the previous month of September. The number of single family homes on the market is up 12.18% from a year ago. The number of homes selling dropped -2.56% and solds -.98% from a year ago. The average home in the Denver metro area is currently $280,552, down -2.96% from the same time last year. There are currently 21, 948 residential single family homes on the market, up 16.81% from a year ago. The average days on market has increased 12.94% over the past 12 months to 96 days.
Active condominiums on the market are 7,774 making a total of 29, 722 properties for sale in the Denver mero area. The average condominium property sold is $189,202 which has seen an increase by .57% of just a year ago. The number of condominiums going under contract from September dropped -4.34%, but a slight increase over September 2006 by 1.22%. The average days on market for a condominium in the Denver metro area is 126.
