@MyTownCryer #MondayMarketUpdate #MakingTheTurn

Good Morning Everyone!

It's a good week!Are you are “looking at the world through a windshield”…?

That’s right, we have made the turn.  Passing the midway mark for 2018 was pretty much uneventful.  That being said, we think there are  a number of ideas we need to share with you today.

  • As you can see, Price Decreases are becoming routine.  Sellers want to get it done by the end of the year.  Compelling pricing has become critical.
  • Under Contracts remain strong.
  • New listings are about normal.
  • For closings it was a good week!

New Listing (1765)  I would expect this to be higher!
Back On Market (316)
Price Increase (144)
Price Decrease (1438)  Sellers want to get it done before year’s end.  Huge Number!!
Under Contract (1740)
Withdrawn (171)
Leased (43)
Sold (1510)  This is a good week.  Annualized, this is a huge number!
Expired (245)

OK, What else?

That’s it for now, we will try to make a big first half update as we close out the month with all the cumulative data coming.  With that being said…

“Sometimes you’re the windshield, sometimes you’re the bug.”  Mary Chapin Carpenter

Let’s hope you’re the windshield all week…tc

 

About Tom & Dee Cryer

Your Friends in the Homeownership Business!
This entry was posted in Denver Market Watch, Denver Real Estate, Denver Residential Real Estate, Uncategorized. Bookmark the permalink.

Thank you for your comment.

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.