March 2015 Statistics Report
March Housing Statistics Signal Start of a Strong 2015 Home Buying and Selling SeasonDENVER – April 7, 2015 – REcolorado, Colorado’s largest MLS and the provider of REcolorado.com, today released its March 2015 report on the Denver-area housing market, which includes data from REcolorado’s 17,000 members who operate throughout the greater Denver Metro area. The March report shows increases across most major indicators, signaling the start of what is shaping up to be a very active and competitive selling season.
March brought 6,247 new listings to the market, a 38 percent increase as compared to last month, and three percent more than this time last year. However, new listings did little to ease the inventory crunch. In March, there were 5,166 active listings on the market, a two percent increase over last month and 24 percent less than March of 2014.