This is the exterior of the soon to be opened The Burrell Denver condominiums at 3575 Chestnut Place on December 11, 2023 in Denver, Colorado.
New listings rose 15.8% for detached homes last year, but a more modest 5.2% for townhomes and condos. As the year ended, buyers had more than four times as many properties to pursue compared to the record low inventory of 1,477 reached in December 2021. One result of the rising inventory last year, or perhaps a contributor to it, is that listings took a lot longer to sell.
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