Denver housing market shows resilience as buyer demand remains high

Despite mortgage rates over 6%, the Denver housing market shows resilience with increased buyer demand and rising home values. Active listings fell 26% from November but were up 39% year-over-year. The median sale price remained stable at $580,000, reflecting a 5.5% increase from last year. The annual sales volume rose to $29.7 billion. Looking ahead, challenges like affordability and competition will persist, with predictions of a similar market pace in 2025. Sellers are advised to enhance their property appeal to attract buyers.

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