1. Inventory is surging, giving buyers more options—new listings jumped 127.5% week-over-week as the market heats up.
2. As inventory grows, so does competition, with the Denver Metro seeing a 15% week-over-week increase in listings going under contract.
3. Despite growing competition, seller concessions remain common in this high-priced, high-interest market—61% of closed transactions last month included a concession.
4. Last year’s peak market lasted only 8 weeks—starting your search now could mean beating the rush as competition intensifies.
5. Showings rose 4.7% last week, and pending transactions are climbing—while inventory is up, well-prepped homes are moving fast.
6. Although showing activity is on the rise, so is inventory—keeping the average number of showings per listing steady at 1.9 per week.
7. 37% of homes that went under contract last week had previously reduced their price, highlighting the need for a strong launch to avoid price cuts down the road.
8. Homes are selling faster—median days on market fell 5% last week to 19 days as more buyers enter the market.
9. The odds of selling in the next 30 days rose to 46.2%, but with inventory up 55.4% year over year, competitive pricing is key to standing out.
10. The number of showings to go under contract dropped to 15, suggesting that serious buyers are ready to act on the right home.
