Courtesy of Metrolist.
DENVER – November 5, 2013 – The latest data from Metrolist®, which powers REcolorado.com, a free resource for Colorado home buyers, sellers and owners, reveals little change in several key areas from prior months, maintaining home prices and strong sales throughout the fall/winter months.
Home sales have cooled only slightly from mid-summer levels while inventory and pricing have stabilized. Nearly 5,000 homes sold in October, which was a slight 2 percent decrease from September, but remains at an unseasonably high number of homes sold at this time of year.
The average sold price of new and existing homes was unchanged from September, remaining just under $305,000. The average sold price of condos in the metro area is just under $200,000.
“Our Brokers and Agents have seen a very busy year with a record-setting selling season,” said Kirby Slunaker, CEO and President of Metrolist. “Sales, inventory … Read More