DENVER - There is some good news on the housing front. Sales of single-family homes and condos in the Denver-metro area were up in May from April, but down from a year ago, according to Metrolist Inc. Data.
The sale of 3,700 properties in May is 9 percent higher than April, but off 15 percent from 2010.
The median sales price for a single-family was more than 3.5 percent higher from April - coming in at $230,000.
Real estate analyst Gary Bauer is encourage by these numbers, saying we're getting back to a more normal market with numbers not skewed by 2010's homebuyer tax credit.
(KUSA-TV © 2011 Multimedia Holdings Corporation)
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