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Market Conditions

Denver, Colorado, saw its median sales price for a single family home decrease -- not a terribly common trend -- from September to October of this year.

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Brian Kinkade, Broker Associate for Cherry Creek Professionals Realty in Denver, reports that the city is very desirable as a center for national and international commerce, and that days on market has decreased almost ten days in recent months.

He reports that condo sales are seeing a median price of $235,000. Single family homes are a bit pricier, in the $331,000 region.

This price is only slightly higher than the average list price, which came in at $260,000.

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Published: November 28, 2007

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Mortgage Rates
30 Year Fixed: 3.83%
15 Year Fixed: 3.05%
1 Year Adj: 2.73%
(U.S. Weekly Averages)

Today's Headlines 11/28/2007


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