How long do homes take to sell in Denver?

In Denver, homes are taking about a month and a half to sell. The typical home is on the market for 43 days. This is a bit longer than last year. In fact, homes are staying on the market 13.2% longer than they did at this time last year. Right now, there are 11,465 active listings. This means there are fewer homes for sale overall compared to last year, which saw a 7.2% decrease in active listings. Despite homes taking longer to sell, fewer sellers are dropping their prices. The share of homes with reduced prices is 25.5%, which is down 3.9% from last year. If you are selling a home in Denver, be prepared for it to take a little longer to find a buyer than it might have recently. Make sure your home is priced well from the start.

In Denver, homes are selling in about 43 days. That's nearly two weeks longer than a year ago. The typical home in Denver sits on the market for 43 days before going under contract. This is a 13.2% increase compared to last year, meaning homes are taking longer to find a buyer. Even with homes taking longer to sell, the total number of homes for sale is down. There are currently 11,465 active listings, which is 7.2% fewer than last year. Also, fewer new homes are coming onto the market, with 5,876 new listings this month, down 2.6% from last year. About a quarter of homes, or 25.5%, have had a price drop. This is a small improvement from last year, when more homes had their prices cut. If you're thinking of selling, be prepared for your home to be on the market for over a month. Pricing your home right from the start can help it sell faster.