A look at Denver's housing market

9NEWS at 11 a.m. 09/22/16.

DENVER BUSINESS JOURNAL - So what's going on with Denver's housing market? Yesterday and today, three national online real estate companies released profiles on what's going on locally.

Denver homes appreciated in value more than 10 percent in the past year, they agree, and there are slightly more homes for sale than a year earlier.

First, Zillow reported that Denver's year-over-year home value appreciation of 10.7 percent was the fourth-highest in the country, trailing only Portland, Dallas and Seattle. The median value of a Denver home (half are priced higher, half lower) is now $341,400, according to Zillow.

Redfin reported that Denver homes were the second-fastest selling homes in the country, staying on the market only 11 days, behind only Seattle's 10 days on the market. The median value of a Denver home, according to Redfin, is $346,000, up 11.1 percent from a year earlier.

Read more at the Denver Business Journal: http://bit.ly/2dk53HI

Copyright 2016 Denver Business Journal


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