In June, about 47 percent of homes sold in less than a month across the nation- the highest percentage in two years, according to the National Association of REALTORS®. However, in Denver, a single-family home or condo stays on the market for about 20 days, said Anthony Rael, Metro Denver regional spokesman for the Colorado Association of REALTORS®. 'Anytime you are in five- to seven-month range, it's a healthy, balanced market,' he said. 'If you contrast that to Denver, we measure on weeks. Buyers, especially first-timers and boomerang buyers, are tired of renting,' Rael said.
Source: The Colorado REALTOR® Online News - Volume 2015 Issue 15