This report generated from REcolorado shows the difference in market conditions from 2013 through 2015. There were more homes sold for a higher price and less days on the market for both Detached Single Family Homes and Attached Condos/Townhomes in 2015 than in the previous two years.
The days on market reduced significantly, from an average of 51.8 days in 2013 to an average of 26.3 days in 2015 for detached homes, and 48.5 days vs. 19.8 days for attached homes. That is a remarkable difference.
Luxury properties over $1,000,000 followed a similar trend, with a 26% increase in homes sold year over year, and average days on market reduced from 163.2 days in 2013 to 87.4 days in 2015.