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According to the latest marketing statistics from REcolorado, inventory levels in the Denver Metro area continued to climb in May, thanks to sellers bringing new listings of homes for sale to the market. New listings are up 13 percent compared to last year at this time, bringing buyers more options.   

Demand remained high in May with home sales up 2% from last year and 17% from last month. The average price of a single-family home (attached + detached) crossed the half million-dollar mark for the first time, reaching $503,337, a 3% increase from last year.

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