Denver Real Estate Market Update: Spring 2019

Posted on at 9:30 pm by Andrea Webber

The onset of spring is one of my favorite times of the year – the warmer days and extended daylight not only lead to green grass but to a busier real estate market.

Spring has definitely sprung in the Denver real estate market as our city continues to be one of the most desirable places to live in the country, due to its unparalleled cultural and recreational opportunities, desirable weather and strong economy.

LIV Sotheby’s International Realty recently released it reports on the state of the Denver Metro real estate market during the first quarter of 2019, providing an inside look at the Denver real estate market’s performance. The LIV report, covering 54 Denver neighborhoods, compares the results of Q1 of 2019 to that of 2018.  Here are a few of the report’s findings:

  • New Denver listings increased by 5.7% from Q1 of 2018 to Q1 2019.
  • There have been 15,000 new listings added in the Denver real estate market so far in 2019.
  • The average Denver home price increased by 2.1% from Q1 of 2018 to Q1 2019.
  • The total dollar volume sold increased by 1.7% from Q1 of 2018 to Q1 2019.
  • Since the Denver real estate market remains strong this spring, homebuyers should be prepared to act quickly during their home search. As always, I always recommend having a seasoned real estate professional help you navigate the process of buying or selling a Denver property.

The report’s findings show a healthy and active market for Denver Metro as we head into the busy summer months.

 For more information on Denver real estate market trends, please contact Andrea Webber at 303-475-7057.

Click here to read LIV SIR’s Spring 2019 Micro Market Reports

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