Metro Denver real estate sales continue to move at a brisk pace. The number of weeks inventory range from 5.04 to a high of 7.29, neither of which is very much inventory. By inventory I mean “homes available for sale.”
I like to use this comparison as a tool for my buyers who want to know where they can most likely find the price home they are looking for. Currently the lowest price average home is found in the Northeast Suburban area. Buyers hoping to purchase a new or newer home are in luck here, because there is a significant amount on new construction in this area.
Southeast Suburban has the highest price average and the second longest length of inventory. Of course this number is relative to the area. Other parts of the country measure their inventory or “homes for sale” in MONTHS not WEEKS!
If you are interested in more details for a specific area/zip code, I’ve included a detailed real estate market report for the 5 regions of Metro Denver. Just follow the links…