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The Denver Market Shows Small Uptick
June saw a slight rise in the number of houses on the Denver market, a welcome note in a housing market that has been extremely tight over the past several months.
Not that buyers can breathe easy: The uptick was a scant 1% over May.
There were a total of 5,500 homes on the market in the Denver metro area in June, according to statistics recently released by Denver’s Metrolist. Despite the small rise, this still represents a significant — 58% — drop in the number of homes on the market from June of 2013.
Condo inventory showed no rise, dropping 6% over last month. There were 1,500 condos on the market in June, a 55% decline from June of 2013... Read more.
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(courtesy of RE/MAX of Cherry Creek)