October 2023: Denver Real Estate Market Update
Posted by Neil Walton on
The Denver Metro historically leads National trends, exiting the “Great Recession” ahead of the rest of the country and experiencing a surge in real estate sales during the early days of COVID-19 while the rest of the country tried to find its bearings. Flash forward to this current market in Denver. We are again proving we're ahead of current national trends, with inventory slowly growing and inching closer to a balanced market that gives buyers and sellers equal footing.
Demand in September continued to fall from the high we saw in April of this year, with pending sales at a similar level as 2012 and 2022. 2023 is unusual in that, typically, we see demand continue to increase in the spring and summer months, with June as the busy month for…
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