Real Estate

Denver home prices return to 2007 levels

In a Denver Post article, the metro area home prices rerturned to 2007 levels.

The median price of residential homes was $250,000 in November, compared to $255,000 in October and up from $230,000 from the previous year. 

“In the second half of this year, under-contracts and sales have been neck-and-neck,” Metrolist president Kirby Slunaker said. “When you take the steadily dropping days-on-market figures into account and factor in the pace of under-contracts to sales, we assume December to close out strong. This is good news for sellers.”

To read the full article, click here.

 

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