Just when you thought it was all over, “Boxing Day”? What is Boxing Day?

Being just a few days away from 2024 leaves us all a little betwixt and between. At this point in the year, we reflect, remember, and wonder about the new year upon us. 

Let’s see how the Denver Residential Market is looking as we race into year’s end.

Market Watch

New Listing
353 A very slow week.
Coming Soon
17
Back On Market
96
Price Increase
105
Price Decrease
336
Pending
617 Lower rates, and the need of shelter? A pretty good week considering…
Withdrawn
165
Leased
48
Closed
732 As we roll into year’s end, this isn’t bad!
Expired
270

And, as we close out the year, What does our total Active Listing supply look like?

With just 5,800 Active Residential Listings, the Denver Residential Market appears to be “hanging in there”, but we are rolling into a new year with many, many headwind sources. Interest Rates, Wars, Elections, New Construction, Supply Chain, Inflation, Energy Costs, and more are potential drags on our market. This is the reason to follow, share and offer feedback on this weekly report. Clear, Concise and cogent every week; this is what you will get!

THECRYERTEAM@KENTWOOD.COM