By Saul Rosenthal
Special to The SUN
June sales of both single-family homes and condominiums/townhouses were strong throughout the entire state of Colorado compared to the same month in 2014, according to market statistics released today by the Colorado Association of Realtors (CAR).
Last month, a total of 8,938 single-family homes and 2,798 condominiums-townhouses were sold statewide; up 8 percent and 19 percent, respectively, over June 2014.
The median price of a single-family home increased 12 percent to $316,000 and rose 17 percent to $218,500 for condominiums-townhouses (comparing June 2015 to June 2014). Though prices have risen in nearly all areas of the state each of the first six months of 2015, it appears that the rate of increase has slowed and even plateaued in some areas.