Colorado housing market shifts: Active listings surge to decade-high in October

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Colorado homes for sale are at their highest levels in over a decade. According to the October Market Trends Housing Report from the Colorado Association of Realtors, with 3.5 months’ supply …

, with 3.5 months’ supply in the seven-county Denver metro area, active home listings are up 14% year-over-year. Statewide, with 3.8 months’ supply, active listings are up nearly 17%.

“The most successful listings today are those that are more unique and/or put in more preparation work than comparable properties on the market. Sellers should focus not only on addressing potential areas of concern before listing, but also consider going ‘above and beyond’ to make their listing stand out more.”

“However, interest rates, insurance premiums, and HOA costs are still challenges for buyers to overcome, and spring activity will likely be contingent upon some relief in those areas.”Here's where four decorated Denver chefs eat on their nights off

 

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