1/09/2013

End of the Year Proved to be Strong Seller's Market Within Denver Metro Area

Lower Inventory And Fewer Days On The Market Drove Prices Higher
January 7, 2013

According to the latest data from Metrolist®, the provider of REcolorado.com a comprehensive Colorado real estate search platform, the Denver housing market boasted strong sales late in the year, with 3,400 homes sold in December alone.

Denver is one of a growing number of metropolitan areas across the country now considered a seller's market. In both November and December, the number of homes sold, under contract or pending settlement outnumbered those available.

"All over the country, home sales in the winter months proved to be a bright spot in the headlines," observed Kirby Slunaker, Metrolist President. "The average sales price for a Denver-area closing in December was $289,926, a noticeable jump from November's average prices."


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