Good news for the Denver housing market

9:31 AM, Jun 9, 2011   |    comments
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The sale of 3,700 properties in May is 9 percent higher than April, but off 15 percent from 2010.

The median sales price for a single-family was more than 3.5 percent higher from April - coming in at $230,000.

Real estate analyst Gary Bauer is encourage by these numbers, saying we're getting back to a more normal market with numbers not skewed by 2010's homebuyer tax credit.

(KUSA-TV © 2011 Multimedia Holdings Corporation)