Denver Home Sales up in May

Some good news today from Metrolist. Denver home sales in May rose 9% from the past month. And it appears that Denver foreclosures aren't having as much of a negative effect on prices, as the average sales price increased 3% in May.

Read the entire article at the Denver business journal. Remember, all real estate is local - verylocal and depends not only on your city, but also on your neighborhood. Give us a call to talk about your home specifically: 303-726-1874.

Denver-area May home sales up 9% from April, down 15% from 2010

Sales of single-family homes and condominiums in metro Denver were up in May from the prior month but down from a year ago, according to Metrolist Inc. data released Wednesday.

The sale of 3,723 properties in May is 9 percent higher than April sales figures, but off 15 percent from last year.

The average sales price was up 3 percent from April, to $257,177, and 4 percent higher than May 2010.

Read more: Denver-area May home sales up 9% from April, down 15% from 2010 | Denver Business Journal

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