Monthly Roundup December: DMAR in the News

Our Association caught the attention of several major media outlets this month including Denver 7, Denver Business Journal, The Denver Post, The Journal and The Center Square.

Denver Business Journal 

Denver residential real estate saw massive drop of inventory in November

Denver’s month-end housing inventory dropped a staggering 33.41% from October to November, according to the latest market trends report from the Denver Metro Association of Realtors®. Read More

The Denver Post 

Supply of homes for sale dried up in November across metro Denver

Snow wasn’t the only thing missing in metro Denver in November. Home listings dried up, with the inventory of available properties down by a third from October. The shortage is so severe that single-family home prices revisited record highs reached this summer, according to a monthly update from the Denver Metro Association of Realtors®. Read More

Denver 7 

November housing sales report: Inventory down, prices up

 The Center Square

Inventory hits bottom as Denver realtors predict seller’s market in 2022

Denver-area realtors are expecting next year to be a seller’s market after the latest monthly market report showed a 34% annualized decrease in inventory. According to the November market report, Denver had just 2,248 active listings at the end of the month, a record low for the metro area. Meanwhile, the average days that homes spend on the market has dropped nearly 32% to 15 days.

The Journal

Millennials face challenging landscape amid housing crunch

Standing inside a bucket he purchased last fall, Alex Eherenman bathed in his work bathroom. Water pooled at his feet as he splashed himself from the sink faucet, but at least he wasn’t leaving behind a puddle. “That was a pretty low point for me,” Eherenman said, recalling the scene recently. Read More