November ’23 Market Report

November 7, 2023

The short story – a decrease in quality listings, lingering older listings, and a shortage of new ones.

The latest November data on the Denver Real Estate market brings no surprises. It reaffirms what our clients are observing – a decrease in quality listings, lingering older listings, and a shortage of new ones. However, this trend aligns with the typical pattern as we transition from fall into the holiday season. The silver lining is that rates seem to have reached a peak for now, offering hope that as December approaches, we’ll witness ongoing positive developments on the mortgage front.

If you are ever interested in finding out what is driving this market, we are here to help!

November 2023 Denver Market Stats