October Market Stats

On the positive side for homebuyers, new listings increased 18% this October over October of 2014. ”That marks the second consecutive month of year-over-year gains in active listings, reversing a two-year trend of record low levels of inventory,” noted Denver Real Estate Watch. “With inventory levels increasing slightly as compared to last year and homes staying on the market a bit longer, this fall is a great time to buy a home,” Kirby Slunaker, president and CEO of REcolorado, told Denver Real Estate Watch.