{"id":2667,"date":"2019-05-24T13:50:00","date_gmt":"2019-05-24T19:50:00","guid":{"rendered":"https:\/\/lodolofts.com\/?p=2667"},"modified":"2019-05-24T13:50:00","modified_gmt":"2019-05-24T19:50:00","slug":"home-sales-in-denver-continues-at-record-pace-in-april","status":"publish","type":"post","link":"https:\/\/lodolofts.com\/home-sales-in-denver-continues-at-record-pace-in-april\/","title":{"rendered":"Home sales in Denver continues at record pace in April"},"content":{"rendered":"

Home sales in Denver continues at record pace in April<\/h2>\n

Home sales in Denver continues at record pace in April hitting a new record of $553,371 for single family homes despite the inventory is up 36% from a year ago. In the past four years, active listing at the end of April were in the low 5,000\u2019s, however, overall there is only 1.5 months of single family houses<\/a> inventory and 1.49 months of condo inventory. That is much lower than the 5.6 months of inventory needed to equalize the market between buyers and sellers.<\/p>\n

The Metro Denver area had a total of 7,518 new listings hit the market in April, up 21.88% from March, while homebuyers<\/a> put 18.76% more homes under contract month-over-month. Average days on the market was 28 days, which is about 32% longer than a year ago. The average condo sold price in April was $368,565, up 2.26% from March and up 2.17% year to date.<\/p>\n

For the luxury segment which is homes sold and closed for $1 million or greater, a total of 243 homes sold in April, up 32.2% from March and up 4% from a year ago. The total dollar volume for the luxury segment year to date is already over $1 billion, up 1.61% from last year and up 41.47% from 2017.<\/p>\n

Home sales in Denver for March also saw an increase with the numbers of homes going under contract increasing to 27.39% from the month prior, and up 4.27% year-over-year. The number of new listings (single family and condos) was up 21.75% from February while average days on market was 31 days.<\/p>\n","protected":false},"excerpt":{"rendered":"

Home sales in Denver continues at record pace in April Home sales in Denver continues at record pace in April hitting a new record of $553,371 for single family homes despite the inventory is up 36% from a year ago. In the past four years, active listing at the end of April were in the…<\/p>\n","protected":false},"author":2,"featured_media":2669,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[],"acf":[],"yoast_head":"\nHome sales in Denver continues at record pace in April - LoDoLofts<\/title>\n<meta name=\"description\" content=\"Home sales in Denver continues at record pace in April hitting a new record of $553,371 for single family homes despite the inventory is up 36% from 2018.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lodolofts.com\/home-sales-in-denver-continues-at-record-pace-in-april\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Home sales in Denver continues at record pace in April\" \/>\n<meta property=\"og:description\" content=\"Home sales in Denver continues at record pace in April hitting a new record of $553,371 for single family homes despite the inventory is up 36% from 2018.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/lodolofts.com\/home-sales-in-denver-continues-at-record-pace-in-april\/\" \/>\n<meta property=\"og:site_name\" content=\"LoDoLofts\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/lodolofts\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/lodolofts\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-24T19:50:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/lodolofts.com\/wp-content\/uploads\/2019\/05\/Home-sales-in-Denver.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"909\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jorgen Christiansen\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/lodoloftsdenver\" \/>\n<meta name=\"twitter:site\" content=\"@lodoloftsdenver\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jorgen Christiansen\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/lodolofts.com\/home-sales-in-denver-continues-at-record-pace-in-april\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/lodolofts.com\/home-sales-in-denver-continues-at-record-pace-in-april\/\"},\"author\":{\"name\":\"Jorgen Christiansen\",\"@id\":\"https:\/\/lodolofts.com\/#\/schema\/person\/bf8300f7c94a986ce8bd49c7ec03f8fe\"},\"headline\":\"Home sales in Denver continues at record pace in April\",\"datePublished\":\"2019-05-24T19:50:00+00:00\",\"dateModified\":\"2019-05-24T19:50:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/lodolofts.com\/home-sales-in-denver-continues-at-record-pace-in-april\/\"},\"wordCount\":255,\"publisher\":{\"@id\":\"https:\/\/lodolofts.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/lodolofts.com\/home-sales-in-denver-continues-at-record-pace-in-april\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/lodolofts.com\/wp-content\/uploads\/2019\/05\/Home-sales-in-Denver.jpg\",\"articleSection\":[\"Blog\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/lodolofts.com\/home-sales-in-denver-continues-at-record-pace-in-april\/\",\"url\":\"https:\/\/lodolofts.com\/home-sales-in-denver-continues-at-record-pace-in-april\/\",\"name\":\"Home sales in Denver continues at record pace in April - 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