Although the weather may tell another story, fall has finally arrived. Third quarter is behind us and spring’s volatile market conditions have given way to a healthy, but not-so-crazy, pace. Which makes this the perfect time to take a breath, look back and assess the situation in Central Denver.
Since the beginning of the up market (2012) in Denver, we have seen a very even distribution of sales between the first and second half of each year, varying by only a few percentage points:
So far, 2015 seems to be matching this pattern.
• The first half of 2014 saw a total of 4,080 sales in Central Denver
• The first half of 2015 saw a total of 4,061 sales, or 19 less
Now, let’s look at Central Denver price changes in the first three quarters of 2015.…