Despite having plenty of homes on the market in metro Denver, home sellers and their real estate agents are holding tight to their price expectations, failing to gain the attention of homebuyers, realtor analysts are saying after reviewing the latest numbers.
The median-priced detached home in metropolitan Denver was $649,000 last month, off only a fraction of a percent from July’s median price, according to the latest Metro Real Estate Market Trends Report issued by the Denver Metro Association of Realtors.
A median priced condo or townhouse came in at $385,000, off 1.28% from the month before. Median prices have only slid marginally from a year ago, according to the report: down 0.38% for a detached home, and a little more than 3% for an attached home…