@MyTownCryer #DenverMarketWatch 4/30/2018

Can you believe it?  One third of this year has passed us by.  That has not stopped this market from continuing is momentum!

IMG_0060One of the biggest weeks for new active listings is totally erased by one of biggest weeks for under contract listings – AGAIN!

In a conversation with a client this morning, we discussed how dynamic this market could still become.  So many people came to Colorado to launch their careers.  Now 10 years out, they are more mature and for some wealthier.  Ready to make a housing choice, ready to become a homeowner and ready to “become part of the community”, and as a result, Denver continues to look very strong into the future.

Colorado has just reached 5.6 million people.  Denver hangs somewhere around 3 million.  Atlanta on its own has over 5.8 million people.  For the time being, we continue to put up numbers week in and week out clearly showing we have a #housingshortage!

New Listing (1535)
Back On Market (243)
Price Increase (157)
Price Decrease (780)
Under Contract (1878)
Withdrawn (109)
Leased (43)
Sold (1371)
Expired (207)

As always, if you have questions, please do not hesitate to reach out and contact us.  We’re here for you every step of the way!

About Tom & Dee Cryer

Your Trusted Advisors in the Homeownership Business! TheCryerTeam@Kentwood.com
This entry was posted in Denver Market Watch, Denver Residential Real Estate, Uncategorized. Bookmark the permalink.

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