As we approach the holidays and the end of 2014, the Denver Metro area real estate market shows little sign of slowing down. Per the recently released data from the Colorado Association of Realtors Housing Report, in Q3 of 2014 the number of active listings had declined, while the number of sold listings and the average prices went up when compared to Q3 of last year. Unsurprisingly, the average number of days that a listing sits on the market in the Denver Metro area has also declined from an average of 64 days in Q3 of 2013 to just 60 days in Q3 of 2014.
The development of new communities such as Pradera and Heritage Hills is hopefully helping alleviate some of the supply shortage in Denver area housing, but the market remains strong as demand is high thanks to the generally good quality of life and the strong job market in the Denver area. We hope you enjoy this infographic, and if you’d like to re-post it on your blog or website, please use the provided embed code at the bottom of the page.
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