August saw a second consecutive drop in average sale price

September 9, 2016 ā€“ According to the latest data from REcolorado, the provider of REcolorado.com, a home search site for Colorado home buyers, sellers and renters, August saw a second consecutive drop in average sale price, while continued demand kept sales inventory levels steady.

The pace at which sellers brought new homes to the market continued to slow as the busy summer selling season wrapped up. In August, 7,140 new homes came on the market, down five percent as compared to last month, but up four percent year over year.

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About Garry Callis - Legacy Real Estate Group - Colorado

Awesome Colorado Realtor! Check me out at www.legacyrealtor.net

Posted on September 13, 2016, in Market Conditions. Bookmark the permalink. Leave a comment.

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