October ’23 Market Report

October 7, 2023

The market chop continues.  Check out the stats of our market below.

OCT 23 Denver Stats

The data is showing a parity of movement between rates and inventory.  The higher the rates, the higher the inventory.  The part that we all neglect to see, we still have no inventory!  A healthy, balanced market has historically has a 6 months supply of inventory.  We are still in a Seller’s market. This lack of inventory has maintained price stability.