Real Estate & Construction  September 11, 2020

Houses for sale in state decline by 50%

A graph shows the drop in available houses on the market for 2018, 2019 and 2020. This year, inventory is down nearly 50%. Courtesy Colorado Association of Realtors

Trends in the Colorado housing market continue following year-over-year patterns, but the COVID-19 pandemic has impacted inventory. While more homes are being snatched up, they come with higher price tags for middle-of-the-road properties and fewer listings to choose from.

According to the Colorado Association of Realtors’ August market report, pending and under contract properties are up by 40% compared…

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