Calibrate Real Estate published it’s 1st Newsletter report of 2020 that provides insight on the direction of the Central Denver apartment sales market and recaps transactions that have occurred since our last newsletter was published.
Six years after breaking the $100,000/unit price point, Central Denver apartments averaged over $204,000/unit in 2019. We calculate the average price per unit annually from Central Denver’s transactions between 10-100 units, excluding sales of recently constructed projects.
Calibrate Real Estate published it’s 2018Q4 report provides insight on the direction of the Central Denver apartment sales market and recaps transactions that have occurred since our last newsletter was published.
After six years of steady growth, in 2018 the Central Denver apartment market flattened out. Nearly 1,000 units were sold in 34 transactions, and the average price per unit was $182,938, a slight decrease from 2017’s average of $185,316.
Calibrate Real Estate published it’s 2017Q4 report provides insight on the direction of the Central Denver apartment sales market and recaps transactions that have occurred since our last newsletter was published.
Prices continue to climb in the Central Denver apartment market. The average sale price has surpassed $185,000/unit. Despite increases in vacancy and interest rates, prices continue to climb, could Supply vs Demand be the cause?