Graphs tell a story, maybe not the whole story but they do reveal interesting trends. This one shows the four statuses of housing layers, inventory, new listings, under-contract and sold each month.
Inventory has been steady dropping. As of late we are selling more (under-contract) and closing more homes.
An overview of the three years shows a seasonal decline in all layers around the holidays. This has been a consistent pattern. I would bet we could show a 10 year graph and see the same pattern.
It would be interesting to compare this same information with other cities, outside of Colorado. I suspect some would not fair as well as Denver.
About the Author
Kristal Kraft
Kristal has been helping buyers and sellers in Colorado since 1984. She enjoys sharing her knowledge of the Metro Denver Real Estate market via blogging and in person while driving around the beautiful Rocky Mountain town of Denver! For fun, Kristal enjoys shooting things with a Canon. Visit Denver Photo Blog
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