Quick Look at the Denver Market
Average prices were up 9% in 2016.
There are 0.9 months of inventory. A balanced market is 6 months of inventory. Can you say “SELLERS MARKET”?!?!
Inventory, as of 1/1/17 was 2,768 homes. We need almost 10 TIMES that number to be balanced for our population and demand.
This chart shows the incredibly low inventory…
This chart shows the price history. In terms of historical growth, our pricing is right where it should be…
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