Denver's Inventory is Up from Last Year, Sales are Down
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
The stats are out for the month of January, and the numbers reflect the seasonal slowdown this time of year, along with interest rates bouncing around. The inventory declined 13% from last month, but increased 80% over last year. The inventory has not moved much since the beginning of the year. This data is courtesy of Joan Cox - House to Home, Inc. I track data daily for the Denver metro area, and the amount of price reductions have been hovering around 600-650 each week and homes returning to market have reduced to around 200 per week. The inventory this time of year is seasonally low, and is below 4,000 during the week, and pops up to a bit over 4,000 for the weekends. (includes land up to high-end homes) See what homes are currently available - Active Homes for sale in Denver ...
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