Good Morning Everyone!
I 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!
Sold (2019) This is a crazy good number! Keep it up Denver Metro!
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