Colorado home sales: Prices continue to climb, days on market drop

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Colorado’s spring housing season started quickly in March as the single-family listings statewide increased by nearly 18%. The Colorado Association of Realtors’ latest housing trends re…

latest housing trends report shows that statewide median sales prices and pending/under-contract listings climbed while the average number of days on the market dropped from 63 to 56.

In March, the seven-county Denver metro area reported 4,411 new listings for single-family homes, an increase of more than 16% compared to February but a decline of 3.8% compared to last year. The average percentage of the list price received by sellers increased last month to almost 100%, the highest level seen since last summer.

 

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