Congress Park Real Estate, Denver
Market Snapshot for February, 2014
Last month Congress Park real estate in Denver, CO saw a bit less activity while prices climbed.
Congress Park Homes for Sale
In February, 2014 there were 17 homes for sale in Congress Park (January had a total of 20). That’s a significant drop compared to a year ago (February, 2013) when there were 71 homes were for sale!
While 20 homes closed during February, 2014, the previous month had 10 sold properties. Considering in February, 2013 there were 17 homes sold, that’s a 18% increase in Congress Park real estate, Denver.
Days on the Market
Listings were on the market for much longer than the previous month. For February, 2014 homes averaged 114 days on the market (DOM). The previous month’s DOM was 77. In February, 2013 Congress Park homes for sale stayed active for an average of 107 days.
Average Sales Price
This last month homes sold on average for $460,870. That is 25% more than January, 2014 when the price averaged $369,100. In February, 2013 homes closed for an average of $351,919.
This spring will be a hot market! So if you plan to sell, I’m happy to discuss what price you should list. Or if you’re looking at Congress Park homes for sale in search for the right fit…I’m at your service!