Inventory of pricier homes in the Denver metro area surges

luxury4Inventory for upper tier homes – median price of $415,000 – in the Denver metro area increased 5.5% in May year-over-year. The inventory for for-sale homes in the middle tier, homes with a median price of $247,000, was down 4.5% year-over-year, while inventory in the metro area for the bottom tier homes dropped 1.0%. All-cash purchases of homes in metro Denver dropped to 22.4% in the first quarter from 27.7% in the first quarter of 2013.
Read article – Denver Post


About dherries
Dave and Sally Herries and The RealtyColorado Team - Real Estate Broker serving the metro-Denver area. Offering properties in urban, sub-urban and rural areas. Our mission statement is "Enriching lives through real estate."

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