Colorado Association of REALTORS | October Stats Show Worse Inventory, Increased Median Price
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October Stats Show Worse Inventory, Increased Median Price

Nov 12 2021

October Stats Show Worse Inventory, Increased Median Price

CAR’s October 2021 Market Trends reports that the sales price of homes has increased 15% across Colorado since Oct. 2020. Mountain town inventory is down by as much as 41% compared to last year. “It seems the definition can sometimes change from month to month as a relative response to what a ‘normal’ house sells for,” said Durango REALTOR® Jarrod Nixon. He says that La Plata County has 41% fewer single-unit homes for sale compared to last year. “This leaves the market with just over a month-and-a-half of supply,” Nixon said.

Westword

https://www.westword.com/news/colorado-home-sellers-market-update-12776360

GJ Sentinel

https://www.gjsentinel.com/news/colorado/colorado-home-prices-up-15-in-last-year-as-inventory-lags/article_41825c31-3cd5-525d-ae04-be42b27bfb3e.html

Channel  7: State housing sales show supply down & demand up

https://www.youtube.com/watch?v=vh0_B4xeopQ

Washington Examiner

https://www.washingtonexaminer.com/politics/colorado-home-prices-up-15-in-last-year-as-inventory-lags

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