Denver: 2nd hottest housing market in the U.S. | 9news.com
DENVER – In the last six weeks, realtors say the Denver metro area has gone from a sellers’ market to a buyers’ market.
The National Association of Realtors shows Denver-area listed homes are on the market an average of 33 days before being sold. That’s the second hottest market in the country, right behind Oakland, Calif.
“Homes between $200,000 and $300,000 are selling very quickly,” said Re/Max Cherry Creek Realtor Marcy Eastman.
Realtors say homes over $500,000 are not usually enjoying the same quick turn around. But Eastman says certain Denver neighborhoods are finding higher priced homes selling faster – like Washington Park.
(KUSA-TV © 2012 Multimedia Holdings Corporation)