August Market Update AVERAGE SOLD PRICE: August 2020 – $556,374 August 2021 – $675,319 For the first time in 8 months, we have seen a drop in the average sale price of homes in the Denver Metro area. It is still a 21.4% increase since last year, but with the decrease from last month,…

 July Market Update AVERAGE SOLD PRICE: July 2020 – $540,312 July 2021 – $676,709 This shows a 25.2% increase and price change of $136,397 since last year. This shows that the market still has crazy numbers at the moment but is showing signs of settling down. MONTHLY INVENTORY: July 2020 – 2.1 inventory July…

 June Market Update AVERAGE SOLD PRICE: June 2020 – $521,706 June 2021 – $676,229 There is a 29.6% increase; the price went up $150,000 in a year. Did your income go up that much? NO… This is why you should invest in real estate. MONTHLY INVENTORY: June 2020 – 2.2 inventory June 2021 –…

 May Market Update AVERAGE SOLD PRICE: May 2020 – $523,569 May 2021 – $662,027 There is a 26.4% increase; however, taking the pandemic into account this is not normal! MONTHLY INVENTORY: May 2020 – 2.1 inventory May 2021 – 0.5 inventory We are 76.2% lower than last year and it continues to decrease! This…