Quick links: March housing data | Condo market | Colorado imports vs. exports | Denver’s youth summer jobs | Reader poll | Other bits
After sitting on the sidelines and watching interest rates rise since 2022, a wave of Colorado homeowners put their houses up for sale last month, with new listings up 23.7% statewide and up nearly 30% in the Denver metro area compared with a year ago, the latest data from the Colorado Association of Realtors shows.
It wasn’t a large wave, though. Inventory is getting back to where it was before the pandemic. While that means more choices for buyers, it’s taking longer to sell a house. The supply of for-sale properties is now at 2.9 months, up from 2.5 a year ago. And it took a week longer to sell a house, or 64 days, compared with 57 days in March 2024, when mortgage rates were higher. In the Denver metro market, it took 54 days, up 22.7% from 45 last year…