Big Jump

We are seeing a big jump in properties for sale as measured by months of inventory.​​​​​​​

As a reminder, a market is considered balanced when there is between 4 and 6 months of inventory on the market.  Meaning, at the current pace of sales, it would take 4 to 6 months to sell all of the properties currently for sale.

Inventory one year ago at this time was:

  • 1 month in Northern Colorado
  • 0.7 months in Metro Denver (3 weeks)

Today the inventory is:

  • 2.3 months in Northern Colorado
  • 2.3 months in Metro Denver

This represents a:

  • 164% increase in Northern Colorado
  • 245% increase in Metro Denver

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