Denver Real Estate in February: Sales Up 4% YoY, Active Inventory Down 58% - InvestingChannel

Denver Real Estate in February: Sales Up 4% YoY, Active Inventory Down 58%

Note: I’m posting data for many local markets around the U.S. The story is the same everywhere … inventory is at record lows.

From the DMAR: Monthly Indicators, February 2021

Total Residential Units Sold in February 2021 were 3,641, up 3.7% from 3,511 in February 2020.

Active Residential Listings in February 2021 were 2,024, down 58.1% from 4,835 in February 2020.

Inventory in Denver had been fairly steady over the last 6 or 7 years, but declined sharply in 2020.

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