For every ten homes newly listed for sale in Denver, four homes were removed from the market without being sold in October.
A new report from Realtor.com found that Denver had the second-highest rate of delistings nationwide based on the latest monthly data from October. These delistings typically happen when a seller can’t find a buyer willing to pay near their asking price.
Denver’s housing market saw 39 delistings per 100 new listings, according to the report released on December 8. That’s up from 30 in September and 24 this time last year. Only Miami had a higher ratio of delistings than Denver, with 45 delistings per 100 new listings…