May 2012 Denver Real Estate Trends

May 2012 Denver Real Estate Trends
Here are the latest Trends in Metro Denver.  The number of properties closed up by 12% to 16% while supply is down by 37% to 52%. The number of properties under contract at the end of May are up about 24% from what they were at the end of May in 2011. The sale prices of properties closed in May of this year are about 10% to 12% higher than May of last year although the 12-month moving average is up only slightly.