Inventory of Colorado mountain homes shrinking as sales rebound

Home prices in the metro Denver area have seen double-digit increases in 2013, but average sales prices in the surrounding mountain areas — Eagle, Summit and Grand counties — have declined every year since 2009, the Denver Business Journal’s Dennis Huspeni reports.

While average price for sold homes remains weak, three other indicators — housing units sold, days on the market, and inventories — suggest that Colorado’s mountain housing market is poised for a rebound. Source: