Inventory is continuing to increase in the Greater Denver Area.

Inventory is continuing to increase, with active listings up 20.6% month over month and 39.7% year over year. Despite the increase of inventory and the Fed continuing to pause on reducing the Fed funds rate, demand is continuing to increase, with an increase of 1.6% month over month and 3.8% year over year. We're seeing the percent of close price to list price sit right around 99.8%, And we also saw days on market decrease again from the previous month by about 3 days to 26 days on market. Our amount of showings to go under contract decreased by 13.2%, down to about 13 showings. So despite the increases in inventory, we're still seeing increases in demand, but now more than ever, it's very important that you have excellent photography, you stage your home, and you price your house at the right price so that you can move quickly and get multiple