@MyTownCryer #MondayMarketUpdate #DenverMarketWatch #Moab Utah #WeAreDenverRealEstate

Convention Center BearGood Monday Morning To You All!  Let’s take a look in the window…

WOW!  Look at this week’s MLS Stats.  Those Price Decreases are as high as I have witnessed.  But, with that being said, look at the number of Contracts and Solds.

New Listing (1640) This should bring some buyers to the party!
Back On Market (336)
Price Increase (119)
Price Decrease (1671)  More Price Reductions; this is HUGE!
Under Contract (1536)  This is a good week!
Withdrawn (212)
Leased (34)
Sold (1405)  This is a good week!
Expired (375)

It is clear from this perspective, the Price Decreases have put some properties under contract.  It is also clear from the numbers of closings and under contracts, we have a VERY healthy market moving into fall.  Buyers are still very present!  It’s a good life…

We took a little break last week.  Thanks for the pass!  Many of you may be wondering what happened to last week’s report.  Well, I was in Moab, UT.  Elvis sang a song back in the ’70s.  “Well I’ve never been to heaven, but I’ve been to Oklahoma…”  I’ve corrupted his song to a degree; “Well I’ve never been to heaven, but I’ve been to Moab, Utah…”

If you’ve been to Utah, you know what I’m writing about.  If you haven’t, I will not spoil it for you.  I’ll just end with this image:


This picture is worth a thousand words, and it reports on millions of years.  We will not be here for millions of years, but we are here for you now.  If you have any real estate questions, please give us a shout, and “we will be there for you, every step of the way”…tc

About Tom & Dee Cryer

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

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