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North Metro Denver Real Estate News 4.8.2017

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Metro Denver’s average home sale price hits record $487,974 in April, even as number of closings cools

Home sales in metro Denver took an unexpected dip in April, but that didn’t prevent home prices from reaching new highs. The average price of a single-family home sold in metro Denver reached a new high of $487,974, up 4.2% from March and 10.3% from a year ago. The median price of a single-family home sold rose to $420,000, up 4.2% from March’s median price of $406,500 and 9.1% higher than a year earlier.
Read article – Denver Post

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