"In October, home prices fell moderately from the month before, with a median listing price of $550,000. The number of listings on the market shrank 2.2% from last month, which is a bigger decrease than normal for this time of the year in Denver, and homes are also selling slower than at the same time last year. Home prices in Denver Typically, home price per square foot in Denver tend to rise in October."
"In October, there were 3,519 homes for sale in Denver, which was 2.2% less than the month before and 11.0% more than the same time last year. Meanwhile, active inventory across the nation remained practically unchanged from last month to 1,100,001. The number of new listings in Denver was 976, which was 19.2% less than the month before and 6.9% less than the same time last year. Nationally, the number of new listings fell by 2.7% from last month to 384,264."
In October the median listing price in Denver was $550,000, reflecting a moderate month-over-month decline. Price per square foot in Denver decreased 1.2% from the prior month, greater than the national decrease of 0.8%. Active listings in Denver numbered 3,519, down 2.2% from September but up 11.0% year-over-year. New listings totaled 976, a 19.2% drop from the month before and 6.9% below last year. Nationwide active inventory was essentially unchanged at 1,100,001, while national new listings fell 2.7% to 384,264. Average time on market in Denver was 64 days, 11 days longer than the same month last year and one day longer than the national average.
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