The Denver Post, August 12, 2024, After Years Of Sellers Calling Shots, Homebuyers Getting Upper Hand In Some Metro Denver Neighborhoods
Metro Denver had 2.78 months of inventory in the second quarter, and in most places, sellers still have the upper hand, Welsh said. But they don’t have the power they did in early 2021, when there was only 0.4 months of supply.
About a dozen neighborhoods, out of the 256 examined, remain an extreme seller’s market with less than a month’s supply of inventory. Even with high mortgage rates, they face the extreme conditions seen during the pandemic.