![](https://coloradorealtors.com/wp-content/uploads/2021/12/bigstock-Peaceful-Snowy-Neighborhood-In-401651333-700x300.jpg)
Dec
01
2021
Housing Demand Not Slowed by Winter
NAR data shows that national inventory decreased by 12% in October, and 82% of homes were sold in under a month. These two different forces, inventory and time on the market, are driving the sales climate, snowflakes or not. “While there are some that say we are overdue for a price correction, demand for housing is creating a hard bottom unlike what we saw in 2008,” said CAR spokesperson Matthew Leprino. In Colorado, the number of homes listed on the MLS decreased by 8.1% to 8,200 total units. The number of days on market for Colorado homes also decreased by 35% to 28 days. Leprino says it’s still a good time to buy: “In the long run, prices always go up,”