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  • A Sheltered Life / A New Denver Magazine
    A Sheltered Life Magazine This is their first edition in Summer of 2013. According to the Editor and Publisher, Elaine Marlier the magazine wants to help homeless animals that cannot help themselves. The magazine sells for $1.95 and 100% of every sale goes directly to the aid of homeless animals. Our current economy has had […]

Supply of Denver-area homes for sale at 23-year low

Supply of Denver-area homes for sale at 23-year low

I read and agree with the article that Dennis Huspeni, a Reporter for the Denver Business Journal wrote saying that the inventory in Denver is at a 23 year low. Because the supply is low the demand is high. This effects the price and the number days it takes to sell.

The length of time it took to sell a home here continued to decline as the days on the market average dropped to 78, which was 25 percent shorter than the 104-day average posted in January 2012.

Average sales price for those homes dropped 5 percent from December to $274,754, but that average was still 11 percent higher than January 2012’s $248,037.

“Prices are back up to pre-recession levels and homes that have been priced appropriately are receiving multiple bids and closing at much faster rates,” Kirby Slunaker, CEO and president of Metrolist, said in a release.

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