Metro Denver recorded an 81% jump in the number of residential properties available for sale last month, but that wasn’t enough to bring down annual price gains approaching 20%, according to …
Like large raindrops kicking up the dust as they hit parched and barren soil, metro Denver recorded an 81% jump in the number of residential properties available for sale last month, according to a monthly update from the Denver Metro Association of Realtors.
That huge percentage gain, however, comes off an extremely low number of listings available for sale in February. Even with the big increase, there were only 2,221 active condo and single-family homes for sale in metro Denver at the end of March, a fraction of the 13,917 averaged between 1985 and 2021.
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