Sales and selling prices of existing homes in metro Denver improved again in February, showing that the housing market continues to slowly recover. Highlights of last month’s home sales included:
* An increase in sales of $1 million-plus homes
* A 20% jump in the average selling price for condos
* A 15% rise in median sold price for houses
“Denver is coming out of the recession a little faster than everyone else. … People are out looking at and buying homes, looking at the affordability factor and marketability factor,” said Gary Bauer, an independent residential real estate broker in Littleton and Metrolist analyst.
http://www.bizjournals.com/denver/stories/2010/03/08/daily22.html?s=industry&i=resi_real_estate
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