As we round the corner for the end of the First Half 2018, there are a few things we need to address.
First, although supply is increasing, as it should this time of year, demand chases closely behind. All signs point to a typical seasonal swing in this Denver Residential Market.
Second, as we close on the last days of spring, the flowers just look great around our place. The Columbine are drawing in the Hummingbirds and the Peonies are just big, bright and white this year.
I suppose we could ask for less traffic, more inventory and a more settled market in Denver, but Denver is still “500 miles from nowhere” and some would argue a 1,000 miles. Denver’s history has been a story of struggle, survival and grit long before we came along. It looks pretty darn good from my perspective, and will be thriving long after I’m gone. That’s really the history of the west. Planting seeds for the generations that follow. Some great history surrounds our Denver Water Board.
DENVER’S WEEKLY MLS UPDATE
New Listing (1910) Buyers have to be happy about this one, but look at UC’s below.
Back On Market (322) We are starting to see a trend of transactions failing.
Price Increase (181)
Price Decrease (1151)
Under Contract (1849) Every week we seem to grow our inventory, demand keeps chasing!
Sold (1547) This is a very solid number. The vitals in this market are still strong!
We have some exciting inventory coming to market this month and next. If any of these neighborhoods or communities interest you, please give us a call, and we will let you know what’s next!
Castle Pines Village – We have a fabulous custom ranch home going active this week at $1.8M. The indoor and outdoor living space is spectacular! You couldn’t replace this home for $2.4. This property has been maintained to a level one seldom sees in this market. It’s truly one of a kind!
Greenwood Village – We have another custom ranch going active next week. It is a very strong property. Where else in Denver can you walk two blocks to The Landmark for coffee in the morning, then another two blocks to the Orchard Station and ride downtown avoiding all the traffic and live on 2.5 acres of lush mature landscaping with mountain views? This property is amazing!
Lone Tree – Following the first two will a Berkeley Built upgraded to the MAX, this home will be around $800K when it comes on the market in July. Basement finish and a 3 car garage make this a very functional plan with that “never been lived in feel”.
In closing, we have leads on a number of properties coming to market over the next few months, please keep in touch and we’ll keep you posted. Want to follow us on Facebook – The Cryer Team?
“What we learn from history is that people don’t learn from history.” — Warren Buffett