So, 1.08 months of inventory equals an incredible time to sell, right?
Mostly yes. Of course, the reality of the market is a little more nuanced. Surpluses of inventory exist even within strong sellers markets.
Buyers, note the parts of the market that have a bit more inventory. For example, a
s mentioned last week, the Boulder County luxury market is a buyers market. Also, right now in SW Gunbarrel, we're seeing a cushion of inventory in the $250-500k condo/townhouse market. These pockets of inventory exist!
lso, don't forget to look for properties due for a price reduction; this may be a great way to accomplish your purchase. Keep the faith. Your property will come.