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Lowry Field Q1 Market Trends
April 27, 2016
In the up and coming Denver neighborhood of Lowry Field, the first quarter of 2016 was on the rise with the average price for active listings resting at $804,262. This is a $3,546 decrease from Q4 of 2015. There were 15 active listings at the end of Q1 and 20 listings under contract. The average price for the listings under contract was significantly lower than the active or sold listings, at $664,736.
For the neighborhood of Lowry Field, 17 homes were sold during Q1, with an average selling price of $706,018. The average time span a property on the market was 53, just a few days longer than in Q4 of 2015.
Lowry Field is a popular Denver neighborhood with many great new developments, and prices which continue to rise. Learn more about Lowry Field and homes for sale nearby – Elevation Realty can help guide and educate you throughout the process of buying or selling homes.