Good Morning Everyone, this is what we’ve all been waiting for. The spring selling season is upon us, and this market is bustin’ out!
With 1,554 New Listings and over 1,900 Under Contract Listings, we continue to see tight inventory and multiple offers. The surplus of new listings from last week of 1,720 was gobbled up this week with 300 more under contract than last week.
New Listing (1554)
Back On Market (217)
Price Increase (148)
Price Decrease (707)
Under Contract (1923) This is a really big number!
Let’s not underestimate the power in the fabric of this Denver Market. The momentum in place here is really quite exciting. No matter what we feed this market, it continues to want more. This market is insatiable!
Here’s the good news. As we move further into the spring selling season, we should see more new listings. We can’t wait to see how this unfolds, but we will be here each week keeping you up to date. The excitement builds!