Last month Denver welcomed a 6% increase in active listing markets when compared to November of 2014, according to REcolorado.  Kirby Slunaker, president and CEO of REcolorado, describes Denver as having one of the hottest housing markets in the country, stating, “Sellers continue to bring new listings to the market, holding inventory levels steady and benefiting buyers who are enjoying greater selection and moderating prices.”

According to the U.S. Census Bureau, Colorado was the third-fastest growing state in 2013, with metro Denver welcoming 270,000 newcomers annually. With residential properties staying on the market at an average of 33 days, up 6.45% since November 2014, all signs point to this being a great time to purchase a home in the area.

The market also offers opportunities for those looking to list, with the average selling price of a single family home up 2% from November and 12% from 2014, at $367,992.

ListHub is available to brokers and agents in the Denver market through our partnership with REcolorado. Check out ListHub’s 30 day snapshot for REcolorado: