Denver, Colorado Capital BuildingThe median age of inventory in Denver for June 2011 was a mere 30 days, less than a third of the national median age of 93 days. This comes along with the record gains in Denver home sales we saw last month, and the news should continue to heat up the market as the summer progresses.

Denver’s median inventory age was also down 23 percent from May, the largest percentage drop across the nation. calculates the median inventory age by using data from its website, which could be different from the data provided by an MLS provider. Most notably, a home can be listed through an MLS but not at the exact same time, which can create a discrepancy.

Even though there is some room for error when looking at how these numbers of calculated, one thing is certain: the Denver real estate market has been and continues to be one of the healthiest in the U.S.

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