Happy Spring! The R&R Team is pleased to bring you the latest real estate numbers from the end of last month (February 2019). The metro Denver home market definitely saw a seasonal market pick up with homes on the market, homes closing, moderate price appreciation and many millennial buyers.
In total, 3175 houses and condos closed in the month of February with an average sale price of $456,802. Metro Denver is still a highly competitive housing market. The R&R Team notes that Denver is also a strong job market so with our healthy economy and the gradual decline in mortgage interest rates – we should continue to see housing demand in 2019. We have a plethora of more details if you want to see more data and info on the luxury home market as well…click here to check out the full February 2019 market report.
Lastly, as a Buyer or Seller, know what is happening in the home market and utilize your local resources. The R&R Team is here to help and we can advise you on everything from what needs painting to how to price your home. Give us a call or shoot us an email with any questions you may have. randrteam@rmprohomes.com