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Metro Denver Real Estate Market Update - October 2017
Following a Strong Summer, Denver Metro Housing Market Continues Traditional Seasonal Cooling 
As the weather cools and kids go back to school, home buyers and sellers across Colorado prepare for winter. Traditionally, the housing market slows down during the winter months in Colorado. We are seeing signs of a market that is becoming more pleasing to the buyer. Here’s a peek at the housing market statistics in Denver Metro for September data: 

September Housing Market Trends 
In September, home shoppers found more inventory of for-sale homes on the market. At September month end, there were 6,562 active home listings on the market, two percent higher than last month and the second highest we’ve seen all year. Although the increase was welcome, inventory levels remain tight, 28 percent lower than we reported this time last year. 

As compared to last month, the average sale price of a home in the Denver Metro area decreased very slightly, bringing the third consecutive month of lower prices. In September, the average sale price for a single-family home was $425,136, less than one percent lower than last month, but still ten percent higher than this time last year. As compared to last month, the average price of a single family ... more

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