How long do homes take to sell in Denver?

Homes in Denver are currently taking about 58 days to sell once they're listed. This means it takes almost two months for a typical home to go from "for sale" to "under contract." This is a little quicker than the same time last year, when homes took slightly longer to sell. The median time a home spends on the market is 58 days right now. This is a 4.2% decrease compared to the same period last year, meaning homes are selling a bit faster than they were then. Even with homes selling a bit quicker, there are still 13,365 active listings available. This number is up by 6.7% compared to last year, so there are more choices for buyers. About 32.1% of homes have had their prices reduced, which is slightly more than last year. This suggests that some sellers are adjusting their expectations to attract buyers. If you're thinking about selling in Denver, be prepared for your home to be on the market for around two months. Pricing your home right from the start can help it sell closer to the median time frame.

Homes in Denver are taking about two months to sell right now. The typical home stays on the market for 58 days before finding a buyer. This is a little faster than the situation a year ago. Back then, homes were selling about 4.2% slower. There are more homes for sale compared to last year, with active listings up by 6.7%. However, fewer new homes are coming onto the market, down 5.9% from a year ago. Almost a third of homes, about 32.1%, have had their prices lowered. This suggests sellers are adjusting their expectations to attract buyers. If you're selling, be prepared for your home to be on the market for around two months, and consider pricing competitively.