Congress Park Update

    Welcome to the first day of school for many children across Denver.  Quite a few real estate decisions are based on children and school choices.  Teller Elementary in Congress Park is a popular choice for parents and contributes to the demand for real estate within the school boundary.

    Typically, we see the greatest activity in high-performing school districts in the months of May and June because parents want to be settled in by August.

    I was recently researching a “when to list question” for a seller in Congress Park and thought I would share the following results.  Single family homes under contract or sold from July 1 to August 23rd have a median days on market of 8 days !!! and are selling for a median value of 100% of list price. Is this every house? No. However, if you look at the average numbers in the same research below, you will see that Congress Park Real Estate is moving along quite well in spite of the typical summer slow down.

     

    congress park stats

    My advice to this seller is that summer has not slowed down Congress Park and I expect the same results this fall until we get to the first week of November.

    If you or someone you know would like information like this or would like to discuss the right time to sell in your neighborhood, please let me know.

     

    Instant Congress Park Home Value Here   http://www.congressparkhomevalues.info/

     

    Pete

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