May 2017 Denver Metro Housing Update

May is here, and the market in the Greater Denver Area is on FIRE! There is only 1.5 months of inventory right now, meaning that if no new listings came on the market, it would take only 1.5 months for all current listings to sell. In a normal market, this would take about 5 or 6 months, meaning that supply is insanely low right now. Check out the video to see what this has done to home prices!