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Here is a look at the Northern Colorado market halfway through June compared to the same time last year.
Inventory is climbing at a healthy rate in both Larimer and Weld County giving more options for buyers.
Larimer County inventory is up 18% and Weld’s is up 13%.
Meanwhile, sales are down slightly which is not surprising because interest rates have been slightly elevated until very recently.
These two factors have caused months of inventory to increase. But, this very important statistic is still measuring below 3 months in both Larimer and Weld Counties, demonstrating there is sufficient demand for the current supply.
If you are considering buying or selling a home and have more questions about the market, let me know! I am happy to help!
