Guess Where Homes Sell the Fastest ??

Denver skyline and mountains jpgAnd the answer is….. Homes are selling faster in the Denver Metro Area than anywhere else in the country! According to a recent article in the National Association of Realtors magazine, the median days on the market in Denver is just 25 days. They don’t say how they calculate that figure. Most likely it’s the number of days till a home goes under contract. Our Multiple Listing Service Data shows that it takes about 55 Days from the time a home is listed to the time it sells in the Denver area.

Regardless, that shows you just how hot a market we are in. And, unlike other areas of the country, where the home inventory levels are increasing,  inventory levels are still dropping around here. In Boulder County, the  number of homes for sale is about 20% less than last year at this time. As long as inventory remains so low, this trend of increasing prices and quick sales will continue.

Here’s the article if you’d like to read more:
Fastest Selling Housing Markets

 

 

 

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About Tom & Beth White-O'Connor

We've lived in Boulder and the surrounding mountain area for over 23 years. We're Realtors at The White-O'Connor Team, Coldwell Banker Residential Boulder. Tom loves to write, play music, look at houses and find great house deals! Beth can fix anything and she loves house design and remodeling. Our house is a testament to her creativity. We have a daughter in San Diego who gets to ride horses for a living. Our two cats and the most amazing 16 year old dog in the world keep us company at home. Give us a call at 720-276-0826 or 720-366-6196 if we can help you Buy or Sell a home or find a great rental property. Best, Tom and Beth.
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