The Greater Metro Denver housing market saw a sharp increase in active listings, up 59% year-over-year. This growth spans both single-family homes, which rose 53%, and condo/townhomes, which jumped 70%. The most significant inventory gains were in the $0–$499,999 price range, where listings surged 75% from last year. Inventory growth was especially concentrated in the lower and mid-price tiers. Listings priced between $500,000 and $999,999 rose 57%, while those in the $1 million to $1.99 million range increased 48%. The $2 million-plus segment saw a more modest 21% uptick. Despite this surge in supply, buyer activity remained relatively flat, with pending sales up just 5% year-over-year. Homes are also taking longer to sell, with the average days on…

460 Views, 0 Comments

Read Full Post