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Metro Denver Real Estate Market Update for March 2018
Overview 
The latest data from the REcolorado MLS shows steady trends in the Greater Metro Denver Area housing market for February. While home sales remain unchanged year-over-year, average sold prices continued to increase. New home listings rose year-over-year, but with median days on market of only 7 days, homes continue to sell quickly across the Denver area. 
View the February 2018 REcolorado Market Watch Video. 
Download the February 2018 REcolorado Market Watch Infographic: 
 Low Inventory or Fast Market? 
Colorado’s housing market continues to favor sellers. Buyers must be prepared to quickly scoop up new listings as soon as they hit the market. This fast-paced market kept inventory in check throughout the month. February ended with only 4,179 active listings of homes for sale or 6 weeks of inventory.
 However, new listings of homes for sale that came on the market in February increased year-over-year. While active listings at any one point in time indicate low levels of inventory, more homes for sale continue to come on the market. 
Median days on market was two days less than last year at only 7 days. Homes for sale, especially in price ranges with the most demand ($300,000 – $400,000), are selling very quickly.
 Keeping Up with Denver’s Fast Housing Market 
Buyers need ... more

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