December was an active month for the housing market in the Denver metro and surrounding area, with a strong month-over-month increase in sales.
Home sales saw a jump in December, with 4,436 homes closing, a month over month increase of 31 percent and year over year increase of two percent. During the month, 3,174 single family detached sales homes sold and 1,262 condos/townhomes sold.
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“December typically brings a month-over-month increase in residential real estate sales, but this December surprised us with a much higher increase than we’ve seen in previous years,” said Kirby Slunaker, president and CEO of REcolorado. “Home prices have moderated since the second quarter, allowing buyers to jump into a market…