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15 April 2:28 pmMarch 2024 Housing Update “No matter how long the Winter, Spring is sure to Follow.” ~ Maya Angelou Pending Home Sales are Up: Homebuyers continued to enter the Denver metro housing market. In March, 4,343 new contracts for home purchase across the Denver metro area. That’s 8% more than last year and 33% more than last month. Homes pending purchase is a leading indicator of future home sales. Days on Market Down: In March, homes spent a median of 12 days actively available for sale, according to REcolorado data. Buyers sped up their decision making, executing contracts on homes nearly…
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