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New month, new record broken in Denver housing market

Median days on the market in this price segment decreased 22 percent to 7 days last month — meaning homebuyers are writing offers essentially the moment they find a property they like.
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Sold Home For Sale Real Estate Sign in Front of Beautiful New House.

DENVER BUSINESS JOURNAL - The average price of a single-family home in the metro continues to creep up, as it hit $543,059 in April.

Another record-setting month, according to the Denver Metro Association of Realtors May trends report.

In the single-family home segment, there are more listings now available between $500,000 to $750,000 than all of the price ranges below $500,000 combined.

The premier market, homes priced between $500,000 and $749,000, is considered the "new norm," according to a spokesperson with DMAR.

Read more about this eye-popping record at the Denver Business Journal.

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