I couldn’t help it. #MallWalking to get out of the cold brings out crazy delusional thoughts. For instance, take this LuluLemon storefront. It reminded me, almost every week, I post a #DenverMarketUpdate right here. To an extent, I am asking you the same question every time. “Have you heard”? Well today, I have more proof for you to hang your hat on during all the St. Patty’s Parties coming up. You’ll be able to say, “The Denver Market Is Great!” Let me show you…
New Listing (1170) This is a very healthy number!
Back On Market (232)
Price Increase (101)
Price Decrease (617)
Under Contract (1324) Wow! Just as I told you, increasing each week!
Sold (1285) WOW! This even a bigger jump!
I can’t tell you what the rest of the year is going to bring, but in the 11 counties surrounding Denver, we are starting off to a GREAT YEAR! Last March, 2018 the numbers looked like this:
New Listing (1015) We put 500 more under contract than we listed.
Back On Market (174)
Price Increase (157)
Price Decrease (480)
Under Contract (1502) We are not bringing enough new listings to the the market!
Sold (993) Another great week of closings.
In fact, it looks like we are catching up with closings (Sold) faster than last year. I can find much to brag about for 2019 and Denver’s Residential Market. Let’s see how we roll into the spring season. I’m betting we will continue down the path of solid market statistics…
So, “Now You HAVE Heard”, and you can tell your friends, neighbors and co-workers. Have a great week!