As 2019 wakes up and identifies what kind of market Denver will enjoy, let’s not forget, now is the time to create your plan for 2019 moving forward. We’ve already experienced in these first two weeks a growing market. Almost every telling category has seen a 20% bump over last week’s numbers.
So let’s follow along with my comments below. Here’s what happened in Denver’s Residential Market last week.
New Listing (945) This is a nice move over last week, up well over 200 listings!
Back On Market (210) Not all sellers have given up!
Price Increase (90)
Price Decrease (623) Sellers saying, “Let’s get it done!”
Under Contract (1033) This is a very strong week. If we see this next week, look out!
Expired (224) When sellers lose confidence, this is what happens!
In closing this week, let’s be clear, by no means are these first two weeks of 2019 any sort of predictor. With this being said, isn’t it nice to know in these first two weeks the market is growing and not contracting? We will be watching this trend all year. Check back often and share the buzz!
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