Denver Business Journal - In the past year, the median sale price for homes in the Denver area rose 14.2 percent, more than any other area in the country.
That's according to the latest sales report from Re/Max, which said that in the 53 markets it tracks nationally, the median sale price increase was 7.5 percent.
Denver also leads the nation for the fewest days a home stays on the market, at 23. Nationally, for all homes sold in August the average days on market was 59, according to Re/Max.
In Denver there's only a 1.5 month supply of inventory on the housing market, compared with a national average of a 4.1 month supply. Only San Francisco, with a 1.4 month supply of inventory, was smaller than Denver's.
Last month, Re/Max reported that Denver was atop or near the top in the above categories as well, according to Re/Max. Read full story at Denver Business Journal
For more information on buying Denver homes, selling Denver homes, or Rent to Own Denver homes. please visit the websites at www.MyCORealtor.com or www.RentToOwnDenverHomes.com.
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