KDVR: Home prices continue to climb along Front Range, but more inventory is available
New data regarding Colorado’s ever-changing real estate market indicates a shift in pricing and inventory along the Front Range.
Statewide, the latest numbers from the Colorado Association of Realtors show an increase in the inventory of active listings from June into July.
In fact, the data highlights a healthy increase of about 1,600 listings between June and July.
The city of Denver’s median sales price for a single family home is clocking in at roughly $655,000.
“For a long, long time we always saw Denver or Pitkin County where it’s significantly higher than other areas. And while a hundred thousand is a lot – that gap between statewide and Denver is shrinking a little bit,” said Matt Leprino, a spokesperson from the Colorado Association of Realtors.