March 2021 Market Stats

March market stats are in! What you need to know:⁣

🏡 The average single-family home price increased to $674,990.⁣

🔥 The median days on the market for the Signature Market ($750k-$999k) was 5 days. If you’re looking to sell and believe your property falls within this value range, expect your property to move quickly.⁣

⁣

📈 Interest rates ticked up to 3.18% as of April 1st, a mere 0.25% lower than they were a year ago, 1.5% lower than a decade ago and 3.75% lower than two decades ago.⁣

⁣

⬇️ Colorado is home to low property taxes. According to a study, the 2 counties with the lowest rates we both in our state: Jefferson County (0.55%) and Arapahoe County (0.57%).⁣

⁣

📩 𝘈𝘴 𝘢𝘭𝘸𝘢𝘺𝘴, 𝘱𝘭𝘦𝘢𝘴𝘦 𝘴𝘦𝘯𝘥 𝘮𝘦 𝘢 𝘮𝘦𝘴𝘴𝘢𝘨𝘦 𝘪𝘧 𝘺𝘰𝘶’𝘥 𝘭𝘪𝘬𝘦 𝘢 𝘧𝘶𝘭𝘭 𝘤𝘰𝘱𝘺 𝘰𝘧 𝘵𝘩𝘪𝘴 𝘳𝘦𝘱𝘰𝘳𝘵 𝘰𝘳 𝘩𝘢𝘷𝘦 𝘢𝘯𝘺 𝘲𝘶𝘦𝘴𝘵𝘪𝘰𝘯𝘴 𝘢𝘣𝘰𝘶𝘵 𝘵𝘩𝘦 𝘮𝘢𝘳𝘬𝘦𝘵.