The Denver Housing Market

Jason Cummings  |  April 18, 2023

The Denver Housing Market
The housing market in Denver continues to be very strong. Denver has been experiencing a boom in population growth and in job opportunities, which has led to increased demand for housing. The competitive market for home buyers and high home prices are a result of the limited supply of available homes.
The median home value in Denver is around $540,000, which is a substantial increase over the past few years. In addition, the average number of days that homes stay on the market in Denver is relatively low, which increases the demand.
Denver’s population is growing rapidly because it offers its residents a wide range of job opportunities, outdoor recreational activities and a cultural scene that is and has been thriving for many years.

Job Opportunities

Denver has a very strong job market, particularly in the healthcare and the technology industries. With companies like Facebook, Google and Amazon all having a presence in the Denver area, there is a thriving technology sector full of plenty of job opportunities.There are also many smaller technology startups in the Denver area, which offer even more job opportunities in the area. Denver also offers a large amount of job opportunities in the healthcare industry. The University of Colorado Hospital and HealthOne are major healthcare providers in the Denver area. There are many smaller clinics and healthcare facilities throughout the city. Denver has a strong energy industry, with companies like BP, Anadarko Petroleum and Noble Energy all having a presence in the area. Denver is also home to several aerospace companies, including Ball Aerospace and Lockheed Martin and Boeing.
Denver has remained a popular tourist destination, and there are many job opportunities in the hospitality and tourism industries, including hotels, restaurants and event planning, as well.

Lifestyle Preferences

Denver offers a wide range of outdoor recreational opportunities. Skiing, hiking, camping and other popular outdoor activities are just a few of the many reasons people have flocked to the Denver area. Denver also offers a diverse cultural scene, which includes museums, theaters and art galleries, which offer year-round entertainment and enjoyment. There are multiple reasons to choose the Denver lifestyle when looking for a home in the area!

Your Denver Home Search

When the time is right, and you’re ready to find the right property to fit your particular needs, there are some factors you should consider. First, you should determine what your budget will be. Housing prices in the Denver area can be high, so it’s important to have a clear understanding of what is available within your budget. Working with a top-rated Realtor® in Denver will be very helpful when navigating the market.
Denver offers many different neighborhoods, each one with its own characteristics and amenities. Once you have decided what’s important to you and your lifestyle, like access to public transportation, proximity to schools and work, walking distance to schools, markets and parks, you can narrow in on your desired area. Working with a seasoned Realtor® can really help you identify the right place for you. Jason Cummings and his Team can provide you with the information you need to guide you through the buying process. They can help schedule showings to fit your schedule and ensure all of your questions are heard and answered. Acting quickly in this very competitive housing market will be key to finding the right home for you in Denver. Working with your Realtor® to develop a strategy for making offers and negotiating with sellers will be beneficial in your buying process, to help you navigate through any potential bidding wars.
The Jason Cummings Group has been in the real estate industry for over seventeen years. Their mission is to elevate the real estate experience for their clients. They have developed innovative strategies for selling AND buying homes that create a truly luxurious experience without sacrificing the level of attention and support for their deserving clients.
Overall, finding a home in the Denver area can be a challenging, but rewarding process. With the right Realtor® and a great plan in place, you can find a property that meets your needs and fits the incredible lifestyle you are looking for in Denver! Check out for ALL of your Denver Real Estate buying and selling needs.

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The team combines expertise with a willingness to think outside the box and break the mold to stay on the cutting edge of a shifting real estate industry. Whether you’re thinking about listing a house, beginning your search for a new home, or have a question about the area, please feel free to contact us.