This month’s market commentary is eerily similar to the prior month’s commentary, but also so true. It’s more of the same: there are just not enough houses for sale. Repeat from last month! That’s right – it’s more of the same. Too few homes on the market. Recall last month’s numbers: From November 2020 to
“Where, oh where, have the homes for sale gone?!” That’s right – it’s more of the same. From November last year compared to November 2021 this year, we are STILL showing a Denver housing shortage – down 34.2% in inventory, despite a 15.5% increase in sales price over the same period! Where are the Sellers
I’ll bet you’re scratching your head after the WHITE HOT real estate market in the first half of 2021! Now, it has cooled off a bit, but don’t be fooled. Housing inventory in the Denver Metro Area is still down 30% from October 2020 to October 2021. This means we are in a quick moving