Madison Market Report: January 2017

RE Stats Square

UPDATED Stats 1 Jan17

 

 

 

 

 

 

“I’m starting to see an increased trend with more single-family attached/condo properties entering the market. Property managers have reported that some rental property owners are starting to sell their rentals, taking advantage of record high prices. We had 17.06 percent more new condo listings hit the market this December compared to December 2015, which represents a five-year high for new condo listings. Looking a little deeper, over the last two years the City and County of Denver had roughly 30 percent more single-family detached properties for sale than single-family attached. We had a reversal this December with 33.1 percent more single-family attached condo properties for sale than single-family detached homes.”

Steve Danyliw, Chairman of DMAR

Go here to view DMAR’s full Market Report.

 

 

 

Stats 1 Jan17

 

UPDATEDStats 2 Jan17