Highlights March 2023 The home buying and selling season is underway. REcolorado data shows increases in both fresh listings of homes for sale and closings. Meanwhile, homes were on the market for 16 fewer days compared to last month. The number of homes pending sale increased for the third consecutive month as buyers signed 22% [...]
Highlights The rate of home price appreciation continued to slow in December. The median closed price for Denver Metro homes increased 3% compared to last year but decreased from November. Interest rate hikes, along with rising home prices kept affordability top of mind for home shoppers. The market continued to see a decline in home [...]
Highlights -October brought continued cooling for the Denver Metro housing market as both buyers and sellers were less active. As a result, we saw double-digit decreases in both closed and pending listings when compared to last year. These metrics also saw month-over-month declines as we moved into the fall months. -The luxury market, defined as [...]
https://youtube.com/shorts/bCOBPhB3ZpY?feature=share How do you grow your business? An 8 week series on tip and tricks to increase your level of business! Week 3: Staying Visible Do you currently have a mentor who holds you accountable in staying visible and daily tasks? The Denver 100 can help you! Here at @thedenver100 we have the best [...]
https://youtube.com/shorts/4OOXdwckoK0?feature=share How do you grow your business? An 8 week series on tip and tricks to increase your level of business! Week 2: Marketing Plan Do you currently have a marketing plan that allows you to entertain clients easily throughout the year? The Denver 100 can help you! Here at @thedenver100 we have the [...]
Highlights Affordability continues to be an obstacle for prospective home buyers in the Denver Metro area. Although we’ve seen prices cool since their peak in April 2022, the median closed price for a Denver Metro home is still 34% higher than we saw in February 2020 or pre-pandemic. The metric for standing inventory is indicating [...]
Photo of 10531 Montecito Drive, Lone Tree Mediamax Photography license Selling Secret #10: Pricing it right Find out what your home is worth, then shave 15 to 20 percent off the price. You’ll be stampeded by buyers with multiple bids — even in the worst markets — and they’ll bid up the price [...]
Market update for January 2020 Average Price of both Single-Family homes and Condominium Homes Year over Year in January was $464,263 vs. $451,098 in 2019, a 2.9% appreciation increase. We are starting see prices flattening as there was a meteoric rise of prices from 2013 through 2018 which is somewhat unsustainable after the 62%+ increase [...]
