Did you know the average residential home price in Metro Denver has risen 10.5% since last April?

Did you know the average residential home price in Metro Denver has risen 10.5% since last April?

This April, the avg residential home price was $275,241, according to Denver Metrolist.  In April 2011, the average was $246,340.

So what does this mean for you?

Well, if the current trend continues, based on a $200,000 house, currently listed for sale, you can expect to pay  $5,220 by waiting 3 months and $10,440 more by waiting 6 more months.  And these numbers don't take into consideration any rise (which may or may not happen) in interest rates.

Here's what we know, as the pendulum that swings back between seller's and buyer's markets, begins to swing back to favor seller's, any concession in pricing from seller's will evaporate...and so will the chances of finding great bargains. 

Call me today, to get things moving...

Cynthia M. Parker (303) 300-8989