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Hale Q1 Market Trends

April 26, 2016

In the Hale neighborhood in Denver, quarter one home sales rose from the previous quarter. While there was no change in the amount of homes sold -- 17 -- in the Hale neighborhood between quarters, there was a change in the average sold price. For Q1 of 2016, the average sold price was $549,054, which is up from $460,214. The time the listings were on the market was 37 days, or double Q4's previous average number of days on the market of 17.

At the end of Q1, there were 12 active listings still on the market, with ten under contract. Of the active listings, the average price is approximately $758,933, which is lower than the previous quarter. Although sales have remained steady this quarter, trends in the Hale neighborhood are still trending upwards.

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.