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In addition to tracking the average price for sold properties, it is also interesting to track the average price for active properties.
Asking prices are up across all markets when compared to the same time last year.
Here are the average list prices for residential properties along the Front Range:
- Larimer County = $893,000 (8% higher than last year)
- Weld County = $702,000 (6% higher than last year)
- Metro Denver = $847,000 (5% higher than last year)
These asking prices are higher than average sales prices by approximately 30%. This is because there are many high-end properties on the market which take longer to sell and which pull up the average.
