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Market Trend Update for Hale - Q3

November 2, 2015

In the Hale neighborhood in Denver, quarter three homes sales proved to be a bit lower than the previous quarter. There were 36 homes sold in the Hale neighborhood compared to the second quarter with a whopping 83 homes sold. The average price in Q3 for sold homes was $515,909 – about 40K higher than the average price in the previous quarter. While the price was a bit higher on average, the time listings remained on the market totaled almost exactly the same – 22 days in Q3 and 21 in Q2.

At the end of Q3, there were 14 active listings still on the market, and seven under contract. Of the active listings, the average price is approximately $826,975, which is significantly higher than the previous quarter of $654,367. This is an obvious example of how well the market is doing and the continually rising price of homes for sale in Hale.

Find out more about available homes for sale and the Hale neighborhood itself. Elevation Realty aims to provide the best resources and the most up to date information for our clients.