Denver Housing Market Has Minimal Price Decrease, Inventory Increase in Sept.

Denver’s median sales price was slightly lower in September at $562,000, which is down from June’s $580,000, as inventory on the market increased. A recent FOX31 story used CAR’s monthly Market Trends to report on the latest trends: “Just before the pandemic began, homes were on the market an average seven weeks before they sold. Last month, they lasted two weeks on the market before being snapped up.”  One piece of good news is that active listings have doubled since January of this year.