Offered by Brian Margolis
Incredibly, the average home price over the past two years in the Denver-area market increased by over $71,000*! Wow! The appreciation is absolutely fantastic if you are a homeowner. The Denver Real Estate market had a record year… double digit appreciation in terms of percentage every month compared to the same months the year before. For example, in June 2014 the average price of a home was $354,851 and in June of 2015 it was $399,761. That’s an increase in value of 13 percent! Condos enjoyed an even bigger percentage, with growth of 15 percent. Specifically, the average dollar growth from June of 2014 of $220,764 increased to $254,665 in June of 2015.
If you are looking to buy a home, the numbers are good news because home values continue to rise while interest rates remain low. If you are interested in what your home or investment is worth today, call or email The Margolis Team, your Hometown Realtors. Brian Margolis has been helping clients get the best value in local neighborhoods since 1999. Brian and his Team look forward to the opportunity to serve you.
Contact Brian Margolis at 720-352-0454 or email Brian@TheMargolisTeam.com.
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