Great Time to Buy and Sell in Denver

The latest Metrolist report show that new listings of properties for sale kept pace with growth of sales in the Denver Metro Area.
The latest data from Metrolist shows the Denver housing market is reaching a point of equilibrium after a strong run in late 2012 and early 2013 that saw 14 straight monthly gains in sales figures.
The number of homes listed for sale rose 9% in the August report and the prices of homes leveled off, with the median being about $315,000.
With rising inventory sellers in the market are finally catching up to the demand for housing. A market like this is a great time to buy and sell. Buyers were frustrated early this year that interest rates were low, prices were rising, but there weren’t enough listings. While the market is still competitive, there are more choices which allow buyers to negotiate and find the right property. The Denver Metro Area is one of only two markets that has seen prices exceed pre-recession levels.
posted: September 17, 2013 - West USA Realty of Colorado - Denver - Blog
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