Available home listings increased 12% from a previous record breaking month-over-month spike but there are still 16% fewer homes on the market than there were at this time last year, said Metrolist. The total supply of Denver-area condos and single family homes would last about 60 days, writes The Denver Post.

Meanwhile, home sales experienced a minor slowing in June, which was coupled with a decrease in the days on market to 43 days, signifying not only a competitive balance of available listings and local demand but a clear race to lock in housing contracts before interest rates go up, said the report.