Denver Market Watch with 2020 Vision 10/06/2020

Oh my gosh! It’s been two weeks since our last post on the #DenverMarketWatch. Family, Travel and Fun have interfered with our ability to get this out to you, but here we are today, giving you a great big dose of #MoreoftheSame!

Just take a quick look below. New Listings are half of what Pending and Closed transactions are for the last week. When a #ResidentialMarket only offers 1,000 new listings when it is absorbing twice this amount every week, a shortage is sure to occur and sure enough, #WeHaveaShortage!

New Listing (1068) This is simply a CRAZY low number of new Listings!
Coming Soon (191)
Back On Market (251)
Price Increase (302)
Price Decrease (906)
Pending (1920) Buyers still fighting for every new listing!
Withdrawn (225)
Leased (83)
Closed (2062) This number is reminiscent of peak summer, not fall!
Expired (442)

Let’s talk about the “Long Story Short”. We need LISTINGS! If you have for one moment considered marketing your home, please give us a call. We can help you move up, move down, price down, price up. Moving from one home to another is not that hard, but it does take experience and local knowledge with a team of experts to make it happen. We have already helped so many buyers and sellers compete in this market place so far during 2020, there is no question, we can help you too.

The important item to keep in mind. Every buyer and seller have their own special needs. Every property has a different set of obstacles. We are here for you. Let’s talk! 303-638-3202 or TheCryerTeam@Kentwood.com. We would honor the opportunity to be your trusted adviser.

Please enjoy one of our recent testimonials.

“Outstanding attention to detail and guided us through the whole process from listing to closing. The marketing was so good, we listed the property on Friday and had an offer by the following Tuesday….. closed the sale 3 weeks later! Great advice and always available (7 days a week) for questions. They saved us a lot of money by recommending appropriate contractors to deal with the repairs required by the buyer. Thank goodness we had the Cryer team to keep the sale on track…. The buyers’ realtor was about as much use as a chocolate oven. I would have absolutely no hesitation using them again or recommending them to a friend or family member. David H. 9/28/2020.”

About Tom & Dee Cryer

Your Friends in the Homeownership Business!
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