A 130% jump tells you nothing until you know the baseline it is measured against. Coming off a historically low level, inventory can double or more and still sit far below normal supply. A market can be up 100% year over year and still be running at roughly half its typical pre-pandemic level for that time of year. A big jump off a tiny base is a recovery in supply, and it does not automatically mean prices fall. Prices give ground when there are more homes than qualified, willing buyers to absorb them, so the level of inventory relative to demand matters far more than the growth rate of listings. We have seen markets post big inventory increases where offers still closed at or above asking, because supply was rising from such a depleted starting point. Nobody can promise where prices go, and the answer will differ block to block, let alone state to state. Do not extrapolate one state's headline onto your own market. Colorado's supply picture says very little about the neighborhood you are actually buying in. Find a local agent who can show you months of supply and recent comparable sales for your specific area, because that is where the real answer lives.