Gary Bauer tracks inventory levels of unsold homes.
Overall, there’s a 1.49-month supply.
There is still a 20.6 month supply for homes over $2 million.
There is less than a two-month supply of unsold single family homes on the Denver-area market, according to an analysis by independent broker Gary Bauer.
“For those who have ever considered putting their home on the market, today is about as good as it gets,” Kirby [...]
“The Denver market is very sick,” Michael [...]
“What will it take to get this house?” Chris [...]
“The real story is the lack of inventory,” Peter [...]
“What the whole Denver real estate world is talking about is our low inventory,” Chris [...]
“The truth is, right now, I think there are a lot of Realtors and a lot of buyers, who wouldn’t mind seeing a bit of a shadow market to give people more choice in buying a home,” Lane [...]
“Buyers think they can still beat-up sellers when they write offers, but sellers are not cooperating the way were,” Stephanie [...]
“The good news is that there are still buyers out there. The bad news is they have less to choose from,” Gary [...]
The 18.1 percent percentage drop in October from a year earlier, is the the largest drop from September to October on [...]