Colorado Real Estate in June: Sales Up 9% YoY, Inventory Down 59% YoY

Note: I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year.

From the Colorado Association of REALTORS® for the entire state:

Closed sales for Single Family and Townhouse-Condo in June 2021 were 13,014, up 8.9% from 11,952 in June 2020.

Active Listings for Single Family and Townhouse-Condo in June 2021 were 9,191, down 58.7% from 22,230 in June 2020.

Inventory in June was up 7.7% from last month.

Months of Supply was 0.8 Months in June 2021, compared to 2.4 Months in June 2020.