Denver Real Estate News

Denver Housing Market Follows Low Home Supply Trend

Wanted: more homes to sell…a lot more. Last month, there were a mere 7,327 unsold homes on the Denver housing market, according to data from the Denver Metro Association of Realtors. That means consumers had the fewest choice of buyable homes out of any August on record.

To put these numbers in perspective, last month only saw a 3.43% decrease in unsold homes from August 2015, but an incredible 32.3% drop from August 2012 when there were almost 11,000 homes listed for sale in the Denver area.

At the same time, the average price…
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