#DenverMarketWatch 3/19/2018 The Mood of the Market

IMG_0050Good Morning All You Wonderful People!

We continue to observe a very strong and active market.  Last week, all price points seem to be hitting on all cylinders!  We even saw a property over $8M go under contract setting a new high for the year.

As we do every week, the last seven days of MLS activity is briefly presented for your review.  Now very close to the end of 2018’s Q1, in the coming weeks, we will try to put some perspective on this.

New Listing (1443)  Steady improvement in this category is good!
Back On Market (202)
Price Increase (123)
Price Decrease (501) Let’s keep an eye on this one.  Are interest rates impactful?
Under Contract (1675) WOW, we are killing it!
Withdrawn (92)
Leased (40)
Sold (1176) This is a solid number we would take every week!
Expired (129)

As the story of 2018 unfolds for Denver’s Residential Real Estate Market, let’s not forget, we still have a serious shortage of home for sale.  We would love to come see you.  Sit down at the kitchen table and discuss your future plans.  Failure to plan is a plan for failure, as they say…tc

About Tom & Dee Cryer

Your Trusted Advisors in the Homeownership Business! TheCryerTeam@Kentwood.com
This entry was posted in Buying or Selling Real Estate, Caslte Rock, Castle Pines North, CASTLE ROCK, Centennial, Cherry Creek State Park, Cherry Hills Village, Colorado, Denver Housing, Denver Market Watch, Denver Real Estate, Uncategorized. Bookmark the permalink.

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