Good Morning Everyone,
As we venture into the unknown of 2019, we continue to see submarkets of great strength in Denver. We are hearing the voices of builders whispering about how “great” this market might be… It’s a good life!
Let’s take a look at the last week and make some notes below. This is Denver’s MLS data for the last 7 days. We are rolling into the spring season as planned and with typical strength. The only question remaining will be, “Will it last?”
New Listing (1203) This is typical seasonal activity…
Back On Market (194)
Price Increase (107)
Price Decrease (717) This is an increasing number. Let’s watch this one…
Under Contract (1434) This is a very strong week. Let’s watch this one too!
Sold (990) Seasonally, this is still a good week, but let’s hope this number continues to grow into the spring.
As we roll into the spring season, let’s keep an eye out for hints on what’s around the corner. We’ll keep you posted…tc