06/13/2024
The Denver Metro housing market has seen a significant rise in inventory, with active listings up 65% year-over-year to 9,029 units, the highest in nearly five years. This increase is due to a surge in new listings, which outpaced buyer demand, leading to steady buyer activity and a 2% increase in closing prices compared to last year. Despite a slight annual drop in the number of closings, May saw a 12% increase from the previous month.
Get information about the 11-County Denver Metro housing market directly from the source - REcolorado MLS.