#DenverMarketWatch 2/19/2018 #ShortSupply

Supply vs. Demand

Supply vs. Demand

Good Morning Everyone!

Once again, New Listings are up for the week, BUT can you see it?  Under Contracts are killing it!

Never fear, Dee and I have 4 new listings #ComingSoon.  #GreewoodHills, #HomesteadontheParkway, #RidgeviewHills and #HarvardGulch.

As you can see, we are doing our best to keep up with demand, but we need more active listings!

New Listing (1144)  Nice add to supply…
Back On Market (176)
Price Increase (121)
Price Decrease (474)
Under Contract (1447)  WOW, another HUGE week of activity!
Withdrawn (114)
Leased (34)
Sold (941)  Closings are down from last week, but still strong.
Expired (151)

When all is said and done, the big picture still looks extremely bright for the Denver Residential Market.  That being said, there are still going to be pockets where market conditions are stronger and weaker than the averages.  Please keep this in mind, and don’t be hesitant to give us a call and hear our take on the Denver Market.



About Tom & Dee Cryer

Your Trusted Advisors in the Homeownership Business! TheCryerTeam@Kentwood.com
This entry was posted in Denver Housing, Denver Market Watch, Denver Real Estate, Denver Transferees, Devil’s Tower, Uncategorized. Bookmark the permalink.

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