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Uncategorized December 2024 Denver Market Overview | Holiday Slow December is typically a slow month for real estate.  Colder temperatures and holiday activities tend to slow both buyer and seller activity.  December 2024 was no exception.  Inventory decreased drastically as Sellers decided to wait for a more hopeful spring season.  Median sold price remained unchanged from last month and saw about a 5% increase […]
Uncategorized October 2024 Denver Market Overview | Trick or Treat? Trick or Treat?  It depends on the timing in our October market.  Libby Levinson-Katz, Vice Chair of the DMAR Market Trends Committee is on point with a summary of the Denver October market stats: “The October market data showcases a tale of two markets. In the first half of the month, buyers were lured back […]
Uncategorized August 2024 Denver Market Overview | Seasonal Cool The influx of new listings has outpaced the number of closings. Since the beginning of 2024, sellers have brought 41,573 new listings to the market, while only 28,224 homes have closed during the same timeframe. Homes are spending an average of 37 days on the market before selling—23% longer than last month and 42% longer […]
Uncategorized June 2024 Denver Market Overview | Summer slump At the end of the month of June, the Denver market has more than 10,000 active homes, something we have not seen since 2013.  Home sellers are returning to the market but are finding buyers hesitant.  June 2024 saw a shift from traditional trends, as retraction grips the Denver market. Properties selling over asking price […]
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