Denver benefits from nearly 30% increase in contracts from April '09 to April '10

Posted by on Wednesday, May 12th, 2010 at 4:32pm.

Say what you will about the home buyer tax credit we have heard so much about. Now that the deadline has come and gone however, it is difficult to argue with it's success. Denver saw a 27% increase in home put under contract this April compared to a year ago, a new record for any April in Denver. We also experienced nearly a 10% increase in median sales prices, up to $230,000. Although we may not be out of the woods yet, it has become clear that the tax credit has certainly stimulated the Denver housing market, and we hope that the momentum continues and carries over into other industries.

 

Read more at http://www.denverpost.com/businessheadlines/ci_15042681


Thanks for checking in!

 Paul and Calen

The Metropolitan Group

Your Denver Real Estate experts

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