Upsurge in Denver area house prices continues

real estate2Houses in the Denver metro area average out at about $253,300, and that number will continue to rise, according to Zillow’s May 2014 real estate market report, released Monday. The median home value of $253,300 amounted to a 8.3% increase in May of this year from a year earlier, with no change from April 2014 to May 2014. Inventory of all for-sale homes in the Denver metro area fell 8.7% compared to last year, but rose 5.7% month-over-month in May, with middle-tier homes facing the largest decrease in inventory, down 4.5% over the past year.
Read article – Denver Business Journal

Advertisements

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."

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: