#MondayMarketUpdate #MyTownCryer #DenverMarketWatch

Good Morning Everyone!

Realtor Match Maker.jpgIt was one of those weekends right?  Sometimes the winner is the loser, and sometimes the loser is the winner.  If you watched the #derby, you catch my drift.  Anyway, on a muddy track, the winner drifted to its right and apparently “bumped” another horse which allowed the second place horse not involved in the trauma to take the roses rather than the horse that actually won.  I’m sure there are some angry gamblers out there!

Anyway, Denver can’t count itself as a WINNER.  Winner, Winner, Chicken Dinner all the way home…

Just look at these weekly stats from our MLS System.  Denver is “HOT”.  Not “white hot” but significantly more active than I would have predicted at the end of 2018.

New Listing (1795) This is a very strong number bringing supply to the market.
Back On Market (262)
Price Increase (160)
Price Decrease (1141) Some sellers are taking bad advice or have delusions of grandeur!
Under Contract (1690) This is the leading number, and it is strong!
Withdrawn (116)
Leased (45)
Sold (1590)  This is a very strong week reminiscent of  peak season in play.
Expired (271)

So, weather you are a buyer or a seller in this market or both, it’s a great time to be a participant.  We have been party to multiple offers all the way to $1.3M with our own buyers and sellers.  This is a broadly active, healthy and supported market with some more room to grow, because Denver is still growing.

athletes running on track and field oval in grayscale photography

Photo by Pixabay on Pexels.com

Give us a call; 303-773-3399 set up an appointment and let us show you how it can be beneficial for you to be in this market right now!  It’s a race to the finish, and we will be there for you every step of the way.

About Tom & Dee Cryer

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

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