Denver home prices continue to climb according to CoreLogic Inc. The home price index for Denver home prices for February showed an average of 9.7% higher than a year earlier. The figure also included sales of distressed and foreclosed homes however, when excluding the distressed and foreclosed homes, the index rose 7.6% respectively. The CoreLogic Inc. Denver home price index pretty much mirrored the latest S&P Case-Shiller Home Prices Index which showed a 9% increase year-over-year. On a national basis, the home price index increased 12.2% in February including REO’s however, without REO’s the home price index increased 10.7%. Inventory of homes also increased according to MLS however, the number of home sales dipped compared to a year ago. The average home sales prices for a single-family home in metro Denver area came in at $327,999 which was an 5% increase compared to previous month and up 6% from March. In April, there were a total of 4,498 homes sold, up 16% from March although down 9% from April 2013. Homes under contract also declined from a year earlier, down 7%. Average days on the market for April were 35 days compared to 47 days on the market in March and 51 days on the market in April 2013.