12261 Rodeo Circle Parker, CO 80138

This is the one you’ve been waiting for.  Under $400K just off Main Street on a quiet little circle with no traffic.  Finished walkout, views, deck, and more.  Please, come take a peek.

Run Our Virtual Tour

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Denver Market Watch December 12, 2017

Supply vs. Demand

Supply vs. Demand

It is just hard to imagine a market like this.  Declining inventory and strong demand are keeping sellers in the driver’s seat, but recently in some communities and higher price ranges, buyers are starting to gain some traction with choice and pricing.

It is just a guess at this point, but there is some anecdotal evidence, affordability is starting to kickback.  2018 Will be a watershed year.  Buyers and Sellers will be facing off a price points never seen before in Denver.   Who will win?  We will have to wait and see, but the next episode will be worth waiting for.

New Listing (717)
Back On Market (214)
Price Increase (122)
Price Decrease (505)
Under Contract (1214)
Withdrawn (196)
Leased (25)
Sold (1239)
Expired (229)

Here are some follow up graphics on several submarkets.  Remember, if you have any questions, please contact us…tc

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We Can See the Finish Line: Denver Market Watch December 2018

Imagine a market where New Listings are only 2/3 of Under Contracts in the last 4 weeks of the year.  A market where 555 price reductions in the last seven days express the urgency of sellers across the metro area can only be a good thing for that late season buyer.  In reality, we have the best of times for both buyers and sellers right now.

If you are a Buyer or a Seller, please come investigate the advantage of late season or year end participation in the market.  There are many advantages for both!

New Listing (853)
Back On Market (220)
Price Increase (127)
Price Decrease (555)
Under Contract (1336)
Withdrawn (224)
Leased (32)
Sold (1630)
Expired (498)

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Down the Stretch with the Denver Market Watch 11/28/2017

Supply vs. Demand

Supply vs. Demand

2017 Continues to be amazing how week after week, we put so many more houses under contract than new listings brought to market.  This week is no different.  We have fewer live listings this November than we had last November.  A week with numbers like this can only reaffirm this as a “Seller’s Market”.  If you are considering a move, this may be the best time ever!

New Listing (477)
Back On Market (160)
Price Increase (80)
Price Decrease (363)
Under Contract (1045)
Withdrawn (129)
Leased (17)
Sold (927)
Expired (204)

Rest assured, we are watching this market very closely.  We are ready for the questions you might have.  Never hesitate to reach out and ask.  We may even write about it next week.

Gobble, Gobble, GobblePS… Hope you and yours enjoyed a great Thanksgiving!

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Happy Thanksgiving from Your Town Cryer!

Thanksgiving

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New This Week – Denver Market Watch

What did we see this week?  Well if you look below, you will see we had 1,518 under contract listing with only 1,008 new listings.  On top of that, we saw 704 price decreased listings.  Supply is still very short, but…  We saw a number of listings with price reductions actually attract multiple offers.  This proves to us, we have a very strong market, but unrealistic pricing may be increasing days on market.  Buyers are smart and well armed.  Few are going to pay above market unless all conditions are right.

Also, back on market listings reflect the buyers’ intense inspection process and sellers not complying with the results.  Fix it now or fix it later.  The market is smart!

New Listing (1008)
Back On Market (214)
Price Increase (114)
Price Decrease (704)
Under Contract (1518)
Withdrawn (179)
Leased (31)
Sold (1439)
Expired (2
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44 Shopping Days ’til Christmas?

Denver Market Watch 11/10/2017

It’s a great time to be a buyer, or is it?

New Listing (1058)
Back On Market (240)
Price Increase (134)
Price Decrease (905)
Under Contract (1520)
Withdrawn (219)
Leased (33)
Sold (1300)
Expired (225)

We continue to clear inventory with at least 1,500 properties going under contract each and every week.  This once again leaves us to a market with insufficient inventory to meet the needs of buyers.  We are seeing plenty of seasonal specific price reductions, and each week, we continue to observe the “Withdrawn” listing.  This seller has given up for the season.  Remaining listings, priced appropriately and presented in a favorable manner should see great activity between now and year’s end.

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22334 E. Idyllwilde Drive Parker, CO 80138

Competitively priced, ready for immediate occupancy and offering the ultimate in suburban living!

http://tomcryer.com/property/146812313/22334-east-idyllwilde-drive-parker-co-80138

 

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Denver Market Watch 11/7/2017

We can officially talk about our seasonal change. Denver Market Watch has posted the weekly statistics below. It is screaming at us from at least three different voices this morning!
 
Over the last week, New Listings is below the average, back on the market is up a bit. Price Decrease is up substantially. Is this the seller saying, “Get it sold?”  These seasonal impressions will only get more pronounced over the next few weeks.  Let’s keep an eye out for these trends to continue.
Although weekly data can’t predict the future, it is a guide, and we should pay attention to it!
 
New Listing (952)
Back On Market (227)
Price Increase (113)
Price Decrease (932)
Under Contract (1472)
Withdrawn (231)
Leased (38)
Sold (1524)
Expired (567)
One more note:  Expired, Withdrawn and Price Decrease sure appears to be painting a seasonal picture of sellers giving up and giving in to the 4th quarter tend ahead…tc
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“The Frost Is on the Pumpkin” 10-30-2017

What did we see in the Denver Market this week?  Even though we put 1,640 listings under contract, we had 965 with price reductions.  WE are starting to see a bifurcation in the market place.  Higher price ranges are seeing price reductions.  Lower price ranges are requiring significant attention to their pricing too.

Anecdotally, we put one under contract last week that had received to price reductions.  After the second price reduction, we jumped in a “snapped it up”.  This time of year, sellers get tired of the process.  Some become more flexible.  As a result, this is always a good time to take a second look.

Properties close to urban access remain in very high demand.  As the location become suburban, distant suburban and rural, we are clearly seeing a market cooling off for the season.

New Listing (1030)
Back On Market (245)
Price Increase (117)
Price Decrease (965)
Under Contract (1640)
Withdrawn (175)
Leased (29)
Sold (1568)
Expired (236)
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