#DenverMarketWatch @MyTownCryer #Fall

Good Morning Everyone!

FallI like fall.  I’ve never looked at fall as the end of something, but somewhat of a beginning.  This contrarian view is often viewed by others and family as CRAZY, but It’s just how I’m wired.

The changing of colors in Colorado is vibrant.  Like a warm camp fire.  All the tourists have gone home.  The natives come out again and share a beautiful state together.  I always try to spend at least a day or two during peak foliage season.  Looks like the last weekend of September or the first weekend of October might be ripe for 2019’s peak foliage viewers.

What’s this have to do with the market Tom?  Well, that question is simple.  We tend to close more sales in May, June, July and August than any other months of the year.  This does not mean that September, October, November or even December are Redheaded Step Children.  It simply means the spring season is very strong with “cabin fever” buyers, and by fall, there are fewer of those buyers in the market.  Long story short, we sell homes 12 months a year, but fall has routinely seen some slack time.

Let’s take a look at this week’s MLS numbers.  They are looking very strong!

New Listing (1363) Nice weekly number here.
Back On Market (269)
Price Increase (427) What’s this?  From out of nowhere?
Price Decrease (1614) Sellers are still bending over backwards to bring buyers in.
Under Contract (1422) A nice seasonal number.  I like it!
Withdrawn (190)
Leased (54)
Sold (2019) This is a crazy good number!  Keep it up Denver Metro!
Expired (255)

Fall Colors

Loveland Pass 2018

So, just one surprise this week.  It will be interesting to see how the line of closings goes into year’s end.  As always, we’ll keep you posted.

Please don’t forget to plan, give us a call and let’s do it together.  Your home matters!

Dee and Tom Cryer: 303-773-3399 or TheCryerTeam@Kentwood.com

About Tom & Dee Cryer

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

Thank you for your comment.

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.