Blog June 6, 2016

Inventory Mismatch

One of the many interesting dynamics in our Northern Colorado market is the mismatch between inventory and sales.

Meaning, there isn’t enough of what most people want.

Check this out, year to date for Northern Colorado:

Under $300K = 1,123 homes sold/87 currently for sale (!)

$300K to $500K = 1,106 homes sold/358 currently for sale

$500K to $1M = 310 homes sold/301 currently for sale

Over $1M = 13 homes sold/54 currently for sale

By the way, this means that is an incredible opportunity for the move up buyer. Contact us to see what your home is worth in today’s market.