by Calculated Risk on 9/05/2021 11:10:00 AM
Note: I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year.
However, with both inventory and new listings decreasing, the short-lived “loose grip” on inventory has tightened once again. Months of inventory decreased from the previous month to 0.637. The report also indicated that if no one were to put a property on the market for 19 days, there would be nothing to sell in the entire Denver Metro area.
Active inventory in Denver is up 87% from the record low in March 2021.