by Calculated Risk on 4/05/2022 12:46:00 PM
Today, in the Calculated Risk Real Estate Newsletter: Denver Real Estate: Activity Inventory up Sharply in March
A brief excerpt:
From the DMAR: DMAR Real Estate Market Trends Report
Month-end active inventory went up 81.16 percent from February to March.
“Earlier in the year, buyers offered six figures above the asking price while competing with dozens of offers,” commented Andrew Abrams, Chair of the DMAR Market Trends Committee and Metro Denver Realtor(R). “With the recently increased inventory, it is more common to compete with just a few offers.”
DMAR reports total residential active inventory (detached and attached) was 2,221 at the end of March, up 81.2% from 1,226 at the end of February, and up 9.7% year-over-year from 1,921 in March 2021.
I’ll have data on many more markets soon.
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