August 2022 showed a much needed end of summer reset for Denver Metro housing.

Even though homes took longer to sell, we still ended the month with only 1.98
months of inventory for both detached and attached homes. Believe it or not, our
inventory was actually down 18.50 percent from the prior month for detached and
attached homes but was up 18.90 percent from one year ago. More inventory has
been a blessing for our market and what we've needed for some time. This reset is
good and healthy. While the headlines may not seem positive, we're delighted and
welcome this somewhat balanced market

The Signature Market represents 15.76 percent of the homes that came on the market in August, and our sales volume for attached and detached homes was down 11.11 percent from the prior month and down 5.09 percent from one year ago.

Learn more about what's happening in this month's Market Trends Report

DMAR Real Estate Market Trends Report | SEP 22'