It appears that Denver’s housing market showed an improvement in home-sales for April. The Denver Business Journal is reporting that “Inventory was down, sales were up, average sales price was up and the number of pending contracts increased in double digits.” According to Kirby Slunacker, president and CEO of Metrolist, the Greenwood Village-based provider of metro Denver’s multiple listing service, “Conditions are favorable and we continue to look for signs of improvement such as continued price appreciation.”
Metrolist also showed that the average days on the market were down 13 percent from March. More good news comes with the increase in the average sales price, which “climbed 6 percent from March, up to $275,241.”
For more on this story visit www.bizjournals.com.
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