Denver Home Inventory

What is this: We calculate Denver home inventory using a twelve month period. Home inventory is the number of months required to sell all the homes currently on the market if they were to sell at the same rate at which they’ve sold during the past 12 months.

Home Inventory = Properties for Sale ÷ Properties Sold Past 12 Months x 12

Why is this orange: Our graphs represent Denver home inventory by price point for more meaningful analysis.  In some cases a home might be on the market at a price point that has not sold in the past 12 months.  Since division by zero is undefined, we assume that “Properties Sold Past 12 Months” equals one.  In such cases we represent the assumption with an orange line.

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