The average price of a condo sold in the metro Denver area jumped to a record high in August of $198,614 from $184,288 in July just last month. Last year at the same time the average price was $181,225 in the metro area.
Single family home price averages were down this month from last. August the average price for a single family home was $313,308 from $318,527 in July. Last year in August the average price of a home in Denver was $299.131.
Inventory is down from last year by 3.4%.