The Average Cost…

The average price for a single family home in the Denver Metro Area is $819,560. This is the highest ever on record. Now we do want to mention this is based off of April’s sales in 2022. More importantly when a property closes it’s from 30-90 days prior to. Meaning that home(s) was listed 1-3 months prior to it actually recording so these homes technically went up for sale sometime between January – March.

Based on how things are going on now with rates rising we do expect to see a decline in average prices of homes due to affordability.

What are your thoughts on this? Is Denver becoming too expensive to live in?