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| Withdrawn (219) | |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 We are seeing plenty of seasonal specific price reductions, and each week, we continue to observe the “Withdrawn” listing.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.
MyTownCryer 