Denver Market Watch with 2020 Vision 09/08/2020

Good Morning Everyone!

August was record breaking in many ways this year. Denver was hot. Not only on the thermometer, but hot in transactions with residential real estate. The stock exchanges were also record breaking; up in a big way.

But, now it is September, and it is snowing in Denver, the thermometer has moved to COLD overnight, the stock exchanges have “burst”, and it’s a brave new world.

I see good news everywhere. I went to the dentist this morning; business as usual. Dee and I had a haircut last week. Dee and I went “out” to dinner. Everyone at the grocery store is wearing a mask. People seem less fearful.

Overall, the mood of the market is very strong, and this weeks MLS numbers below confirm this notion.

New Listing (1164) Still a major concern! No new inventory!!!
Coming Soon (177)
Back On Market (274)
Price Increase (325)
Price Decrease (796)
Pending (1720) A strong weekly number not unlike August.
Withdrawn (167)
Leased (70)
Closed (1500) Another strong weekly number. Strong enough to set records!
Expired (415)

We will not be posting an update next week. So our next post will be September 22nd. Let’s hope we have some strong numbers to finish out the 3rd Quarter.

Stay Safe, Healthy and Remember, the Realtor you choose does make a difference…tc

About Tom & Dee Cryer

Your Friends in the Homeownership Business!
This entry was posted in 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.