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Denver: 2nd hottest housing market in the U.S.
In the last eight weeks, the Denver metro area has gone from a buyer's market to a seller's 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, California.
"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.
Homes are going Under Contract in as little as 1 day on the market and are being sold for over asking price in many areas. If you have been thinking about selling I would be happy to share what homes in your neighborhood are selling for and help you determine if its a good time to sell!