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April 2023 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”,...

Apr 12 1 minutes read

Denver County- March is and has been an incredible benchmark for the health of Denver’s real estate market. Traditionally (you know, before 2020…), March ushered in a spring homebuying season where, with the snow melting, the market began to thaw, and we saw which plants survived the winter. The price declines that, again, we traditionally see from October through February begin to reverse and happy home buyers emerge as happy home sellers ready their home for peak transaction season. That is/was tradition.


Source: CAR

April Market Update for Denver Metro

4,793

New Listings

4,047

Under Contract

3,745

Closed Sales

Stats compared to March 2022

Under Contract: -13.1%

New Listing: -16.4%

Listings Closed: -16.4%

Median Price: -6.0%

Median Days on Market: +7%

$565,000

Average Sales Price

4

Weeks of Supply

11

Median Days on Market

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