Denver Real Estate Inventory Drops 37% since 2011!
Incredible Opportunity for Sellers!
Great news! The latest statistics and Supply vs Demand are attached.
The months supply of inventory has decreased substantially as the number of homes on the market is down 37% from 2011.
The Denver Real Estate Market started January 2011 with 13,900 Single Family Homes, and as of January 1, 2012 we had only 8,800! Wow!
We are at or below 6 months of inventory in most areas all the way to approximately $400,000. The Odds of Selling has increased a great deal as you will see that we don’t dip to a 50% chance of selling until approximately $750,000 in most areas!
Don't miss your opportunity!
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