Denver’s supply is on par with the 10 year average. A balanced market would require at least 15000 homes vs. today’s 7000 available options. Located in Cherry Creek North, buyer’s have approximately 28 various options starting at $750,000.
With the 2nd quarter complete, one thing remains certain about Denver's housing market: supply remains very tight because of demand. And in real estate, matched with lenders' willingness to lend, sales follow accordingly.
With high demand and tight supply, the Denver residential real estate market is thriving. From a seller standpoint, you may experience multiple offers for your home if it’s in perfect condition and listed correctly. After 17 days
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