October Stats Show Worse Inventory, Increased Median Price

CAR’s October 2021 Market Trends reports that the sales price of homes has increased 15% across Colorado since Oct. 2020. Mountain town inventory is down by as much as 41% compared to last year. “It seems the definition can sometimes change from month to month as a relative response to what a ‘normal’ house sells for,” said Durango REALTOR® Jarrod Nixon. He says that La Plata County has 41% fewer single-unit homes for sale compared to last year. “This leaves the market with just over a month-and-a-half of supply,” Nixon said.

Westword

https://www.westword.com/news/colorado-home-sellers-market-update-12776360

GJ Sentinel

https://www.gjsentinel.com/news/colorado/colorado-home-prices-up-15-in-last-year-as-inventory-lags/article_41825c31-3cd5-525d-ae04-be42b27bfb3e.html

Channel  7: State housing sales show supply down & demand up

https://www.youtube.com/watch?v=vh0_B4xeopQ

Washington Examiner

https://www.washingtonexaminer.com/politics/colorado-home-prices-up-15-in-last-year-as-inventory-lags