Inventory of Denver Homes Climbs - But Not By Much

After several months of severely depressed inventory levels, the number of available Denver Homes has increased - a little. Metrolist reports that the number of homes for sale increased by a little under 1,000 homes in June compared to March although we were still 16 percent lower this June than we were in June of 2012.

Its a mild releif to some of our buyers that the available homes is increasing, but we're still encounter bidding wars and many homes are never even hitting the market because agents have buyers contacting them as soon as the sign hits the yard. We had this happen on a yesterday.

From :

After months of rapid movement in the metro Denver housing market, June slowed slightly with 12 percent more homes coming on the market than the previous month and sales activity dropping slightly, according to the latest numbers from Metrolist Inc.

The number of homes with a