Tag: Market Trends Committee
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Metro Denver year-end home sale statistics
When reviewing the 2022 home sales data from the Denver Metro Association of Realtors, three numbers stood out that defined the real estate market here: The time it took to sell a home increased six-fold, sales prices inched downward most of the year but basically finished flat from December 2021 and the number of homes…
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Metro Denver homebuyers see another drop in inventory
Buyers looking for homes in the metro Denver market found the cupboard historically bare in January, with about 10 times fewer homes available for sale than in a “normal” market, according to a Market Trends report released Thursday by the Denver Metro Association of Realtors. Only 1,184 single family homes and condominiums were available in the…