Colorado Association of REALTORS | Summer Heat: Denver Residential Real Estate Market Stays Hot

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Summer Heat: Denver Residential Real Estate Market Stays Hot

Photo of a home with beautiful green grass on a summer day.

Jul 24 2018

Summer Heat: Denver Residential Real Estate Market Stays Hot

Consumer Awareness, Market Trends, Market Trends & Statistics, REALTOR® News, Residential Housing

Scant inventory is keeping the Denver residential real estate market red hot.

Denver homes continue to sell extremely quickly and there are a lot fewer homes for sale now compared with a year ago.

That low supply means higher prices. According to the Colorado REALTORS® Association, the median home price in the Denver metro area is $440,000, significantly more than the nationwide metro median of $258,000 reported by RE/MAX.

To view the entire article, please visit the Denver Business Journal website by clicking here.

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Denver Denver Business Journal Denver Metro Area Higher Prices Inventory Low Supply Market Stats Market Trends Red Hot Market statistics Stats and Trends

Summer Heat: Denver Residential Real Estate Market Stays Hot

Summer Heat: Denver Residential Real Estate Market Stays Hot

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