65% Of Denver Homes Are Selling Over Asking Price
Home prices in the Denver area have been on the raise, but is now being exacerbated by a huge influx of buyers from other states, driving prices even higher as inventory wains. We were one of the hotter housing markets before COVID hit, and now with more people working from home, home buyers are moving from inner city areas to more spacious homes in the suburbs, of which Denver is a huge draw.
Active Single Family Home Listings In Denver
Data provided by the Denver Metro Association of Realtors shows a severe drop in available inventory for home buyers to choose from. Inventory in the Metro Denver area fell from 8677 active listings in March of 2020 to 1749 active listings in March of 2021. New…