Housing Market Minute – Sept. 9, 2016

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bullet_graphic11The strong labor market has home buyers feeling more secure than ever.   More than 73% of those polled were not concerned with the possibility of losing their job.

bullet_graphic11In the Denver Metro area the average sale price in August was $377,551 this includes both single family attached and detached.

( Aurora, Northglenn, Westminster, Lakewood, Thornton, Arvada, Englewood, Edgewater, Centennial, Littleton, Bloomfield, Denver, Golden, Lone Tree)

bullet_graphic11The trend in new home construction is for more bedrooms.  Homes with 3 or fewer bedrooms have decreased, while homes with 4 or 5 bedrooms have increased.

 

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