Click here to see homes for sale in the Ruby Hill Neighborhood in Denver Colorado. I have compiled some vital real estate statistics for the Ruby Hill Neighborhood in Denver for December 2016 just below that will inform on the strength of the home market in the neighborhood.
What was the average home price in the Ruby Hill Neighborhood as of December 2016?
The average home price was $233,000 at the end of December 2015 and has risen to $271,453 at the end of December 2016, which is a 16.5% increase. This is however a 3.2% decrease from $280,462 at the end of November 2016.
How many homes sold in the Ruby Hill Neighborhood in December 2016?
10 homes sold in the Ruby Hill neighborhood during December 2016. This is more than double the 5 homes that sold in December 2015 and 3 houses less than the 13 houses that sold in November 2016.
How long did it take for homes to sell in Ruby Hill Neighborhood in December 2016?
The median days on market for a home in the Ruby Hill Neighborhood was 5 days in December 2016. That means after listing a home in the MLS it usually took 5 days for it to go under contract. This is is a lot less time than it took in November of 2016 but similar to December 2015.
How many months of inventory were present in the Ruby Hill neighborhood?