Denver Area Home Prices Continue to Drop Heading into Fall

Denver Area Home Prices Continue to Drop Heading into Fall

Source: Kurt Sevits at Denver 7

Denver Area Home Prices Continue to Drop Heading into Fall

Inventory is still low but we actually have some different kind of news to report to you: the Denver real estate market is slowing down just a little bit. In September, the number of homes that sold had a noticeable decrease. Typically sales are down 10% from August to September, but last month it was down 21%! Showings are slowing down as well. Denver isn’t known for following seasonal trends (#snowinoctober), but we may be getting a glimpse of an true seasonal slowdown in the real estate market.

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