Denver home market sending mixed messages

The metro Denver home market can’t decide what it wants to be.
For homes priced under $300,000, sellers are getting multiple offers, fewer days on the market and list-to-sales prices nearing 100 percent or higher, experts say.
But things are slower for the luxury market, homes of $1 million or higher. That market, while showing improvement, still has depressed prices and under-contract activity nowhere near the level of lesser markets.
Lower-priced inventory usually has started the recovery from past down markets. But experts aren’t so sure that’s the case this time.
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