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Monthly Market Update

Chad Nash, Ph.D.

HERE’S A LITTLE SNAPSHOT INTO HIS LIFE.(BUT REALLY, YOU SHOULD GET TO KNOW HIM IN PERSON.)Affectionately known as the “Real Estate Doctor”,...

HERE’S A LITTLE SNAPSHOT INTO HIS LIFE.(BUT REALLY, YOU SHOULD GET TO KNOW HIM IN PERSON.)Affectionately known as the “Real Estate Doctor”,...

May 6 1 minutes read

Thanks primarily to an unexpected rise in mortgage rates, which exacerbated affordability challenges, the spring home-buying season has yet to spring to life.

Though newly built home sales are thriving, sales of existing homes, which comprise the lion’s share of the housing market, have stagnated. On the bright side, tepid demand for existing homes is helping boost the country’s low housing supply. - Forbes

 #RealEstate #MarketUpdate #May2024 🏠✨

March Market Update for Metro Denver

987

Active Listings

$835,000

Median List Price

69

Average Days on Market

$403

$ Per Square Foot

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