Is Denver a good place to relocate to?

There are more homes available now, but prices have come down a bit in Denver. Homes are still taking some time to sell, and many sellers are lowering their asking prices. This could be a good time to explore your options if you

Relocating to Denver right now means facing a housing market where prices have recently softened a bit. You'll find more homes available compared to last year, which could give you more choices. The median listing price in Denver is $574,900. This price has dipped slightly by 0.8% from the prior month and is down 4.2% compared to the same time last year. The average listing price is also lower by 5.4% over the past year. There are 12,998 active homes for sale, which is a 2.1% increase from last year. This means there are more options to look at now. Also, 4,444 new homes came on the market, a 6.4% rise over the past year. Homes are staying on the market for 57 days on average before going under contract. This is a very slight decrease of 1.7% from last year, suggesting homes are still moving fairly quickly. About 31.4% of homes have had their prices reduced, showing some flexibility from sellers. For someone looking to move to Denver, the slight price drops and increased number of homes for sale might offer a bit more breathing room and negotiation power than in the recent past.