Based on the MLS Statistic for November, 2009 it looks like the Denver Housing Market is doing better. New home sales are even up. And while there are significant variances in the individual areas, November, 2009 combined MLS Residential statistics show an increase of the Number of Closed Sales (up 16.8%) and a reduction in New Listings (down 7.8%) compared to November of 2008. The Combined MLS Residential Absorption Rate is at 5.4 months (down 31%) and there is an increase in the Average Sold Price (Up 9.5% from $242,557 to $265,498).
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