Metro Denver home inventory up in June, but prices climbed faster
Active home listings in metro Denver increased by 9.7 percent year-over-year in June, but average home prices increased at a faster clip, jumping 12.2 percent, according to a report Wednesday from the Denver Metro Association of Realtors.
Including both detached single-family houses and attached homes such as condominiums, the average price of a home in metro Denver reached $421,226 in June, up from $375,331 in the same month last year. While the price increase is dramatic, there could be relief for buyers in sight, according to DMAR.
Including both detached single-family houses and attached homes such as condominiums, the average price of a home in metro Denver reached $421,226 in June, up from $375,331 in the same month last year. While the price increase is dramatic, there could be relief for buyers in sight, according to DMAR.