Buyer’s market? Report says rising home inventory is not translating to home sales

DENVER (KDVR) — Home inventory is piling up in the seven-county Denver metro area, but the Colorado Association of Realtors says that despite there being the most active listings since 2019, home sales are not following the rising trend.

The information was shared in the latest Market Trends Housing Report from the Colorado Association of Realtors, and analysis was provided by the association’s spokespeople across Colorado.

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“The past five years have left us wondering when the market would balance or be more buyer-friendly and, without a doubt, it is now,” said Aurora-area Realtor Sunny Banka in the analysis.

The association reported that there are over 17,800 active listings in the Denver metro area, up more than 25% from this same time last year. Statewide, the association reported 31,268 listings in May, which is up 27% from May 2024…

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