The Denver metro area ranks No. 7 nationally on the list of top U.S. sellers’ markets for homes, according to Zillow’s February Real Estate Market Reports. Denver metro home values are expected to increase 1.6 percent during the next 12 months, according to the Zillow Home Value Forecast. The top sellers’ markets tend to have low home inventory and quick sales of homes selling at higher than the asking price. Selling your Denver home is definitely a popular trend at the moment, and the market in the area is thriving as available properties become less and less available.
Zillow’s reports showed that home values rose 7 percent year-over-year in February in metro Denver, which exceeded the national increase of 5.6 percent over the same period. In metro Denver, the top five sellers’ markets are Northglenn, Thornton, Ken Caryl, Westminster and Arvada. The top five buyers’ markets are Evergreen, Denver, Lakewood, Broomfield and Centennial.