01/07/2025 What We Know and What We Don’t

Good Morning Everyone,

Do you have one year of experience 20 times, or do you have 20 years of experience?

Let’s look at Denver’s SFR Market quickly:

January 2015 to the end of December 2024, the total number of active SFRs in the Denver Metro MLS system was; 4,092, 4,005, 3,687, 3,370, 4,552, 3,800, 1,718, 1,796, 4,335, 4,828, 5,598. We are starting 2025 with more inventory than we’ve had in the last 10 years. This sounds terrible, but when compared to 2008 through 2012, 5,598 is nothing to worry about, but it is important. Whenever buyers have more choices, the balance swings toward a buyers’ market. When observed graphically, the market challenge of oversupply is not nearly as commanding as first thought. The substantial drop in inventory in the last couple of months in 2024 lead us toward a more favorable balance.

We can not call this current level of inventory an oversupply, but we will watch this closely throughout 2025..

As for 2025, Dee has some terrific listings coming up in Q125. Let us know what’s on your list. We can find it for you…

TheCryerTeam@Kentwood.com

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About Dee & Tom Cryer

Your Trusted Advisors in the Homeownership Business! TheCryerTeam@Kentwood.com
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