January 2016 Market Update for Indiana Pulse
December saw 9 new listings come on the market which brought the total available listings to 35 listings. There were also another 7 listings under contract that brought the inventory total to 42 listings.
The active inventory this December equaled the active inventory of December 2014. It was also just slightly less than the inventory level in November which was 38 active listings.
The higher higher inventory totals for our community compared to the rest of the Denver metro area is still being fueled by new construction. Two thirds of the December’s inventory were new builds.
The two interesting notes about the active inventory is the increase of ranch style homes and the rise of higher priced homes.