Red-hot Denver-area housing market melts down to pre-pandemic levels, report finds

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With an overall slowdown in the real estate market nationwide, the Denver area remains red hot, but the cooling fans have been turned up to full blast, returning some aspects of the market to pre-pandemic levels

DENVER — .

In fact, Matt Leprino with CAR said the Denver area real estate market has dropped to pre-pandemic levels with a $40,000 drop in the median cost of a home and inventory jumping up statewide. "So it looks like sellers are being realistic and what they're [listing] their homes for," he said."They're actually selling right around what they're listing for."

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