@MyTownCryer #MondayMarketUpdate #February #Let’sGetStarted

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With 1/12th of the year behind us already, what have we learned?  As you can see below, Denver’s residential real estate market continues to roll on.  Under Contract listings continue to exceed the number of new listings.  The number of closings continues it ract to catch up.  When viewed from space, our market still looks very strong.

Dee and I have a few “off market” listings.  In the process of getting them ready for the MLS, we have found very little competition for a couple of them.  Inventory is still very low in various neighborhoods, and we are reviewing this closely.

Long story short; this market needs our undivided attention.  Where one price range and location may be showing signs of weakness, another might be showing signs of well defined strength.  Have a question, just raise your hand and ask.  We’ll be here for you!

New Listing (1019)  Starting to catch up.  It’s been a good week!
Back On Market (182)
Price Increase (168)
Price Decrease (598)
Under Contract (1209)  This is a very strong week!
Withdrawn (97)
Leased (27)
Sold (871)  Once again, this has grown significantly from last week!
Expired (380)

If you are planning a move in 2019 or even 2020, now is the time to start planning.  We often find our sellers having to rush to market rather than coming to market with well organized plan.  Now is the time to start those trips to “Goodwill”, getting those “handyman” items punched off the list and making sure those “big systems” are ready for an inspection.  In short, it’s time to get to know your home and bring out its best!

We will be back again next week.  Let’s work together!

 

About Tom & Dee Cryer

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

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