Denver Metro 6 County Inventory Count

Market Fun Facts (03/02/23): Welcome to the New Year.  How will the market look as we enter into the 2023 selling season? To answer this question NeXstep continues to monitor inventory levels across the 6 County Denver Metro. For the fifth month in a row we see inventory levels decrease as we enter into the new year; active listings are down -558 listing this month, for a total of 4,318 active homes for sale.  This is a substantial increase from March 2022 as we had only 1,426 home for sale to start off the new year.  However, sales are also up +810 properties from last month for a total of 3,114 sold homes in the past 30 days.  Consequently, our average absorption rate decreased by appx 1.0 month from 2.35 months to 1.34 months.  All six counties experienced a decrease in active listings and an increase in total sales. 

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Greater Metro Denver Market Review

Special Thanks To DMAR Market Trends Committee For The Following Report…Happy New Year! It’s time to look back and ponder what happened over the past year and look ahead to set goals and make predictions for the new year. Let’s start by looking at the top three things we know about the Denver metro real estate market in 2019:

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