Denver Real Estate in November: Sales Up 18% YoY, Active Inventory Down 63% - InvestingChannel

Denver Real Estate in November: Sales Up 18% YoY, Active Inventory Down 63%

From the DMAR: Monthly Indicators, November 2020

The number of single family homes sold in November increased to 4,647, up 15.2% from 4,033 in November 2019.

Active listings are at 2,965, down 69.2% from 9,626 in November 2019.

Sales to date are up 7.3% compared to 2019.

For condos, 1,753 were sold in November, up 26.0% from 1,391 in November 2019.

Active listings are at 1,927, down 48.4% from 3,737 in November 2019.

Condo sales to date are up 7.1% compared to 2019.

Combined, sales were up 18.1%, and inventory down 63.2%.

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