After reaching its lowest-ever point in February, home inventory in metro Denver bounced back a bit in March, boosted by the beginning of the spring selling season.
Although still low relative to historic norms, the number of active listings in metro Denver reached 4,921 in March, up nearly 27 percent from February and up 9.7 percent year-over-year, according to data from the Denver Metro Association of Realtors.
Average prices also increased, jumping 8.8 percent to $425,607 including both detached houses and attached condos and townhomes.
The median sold price increased by 7.9 percent to $372,500.
Read more at the Denver Business Journal: http://bit.ly/2nOsltP