Colorado pending and sold properties declined dramatically last month, report finds


Sellers faced new market forces in Colorado in September, according to a new report.

Statewide, pending sales for single-family homes dropped 24.89% in September compared to September 2021, as did the number of listings that sold last month, a 24.69% decrease from September 2021 to September 2022, according to the latest report from the Colorado Association of Realtors.

Across the state, the months' supply of inventory — a metric CAR uses to determine how long inventory would last if no new…

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