Good Monday Morning Everyone!
Supply vs. Demand
Wow, there is some NEWS in this week’s update. Almost 2,000 new listings, almost 1,200 listings with price decreases and almost 1,900 went under contract. This was a very busy week. As we roll into the typical “malaise” surrounding the 4th, it will be interesting to see if these numbers continue to impress us like this week.
Weekly Denver MLS Report
New Listing (1955) This is a HUGE week!
Back On Market (293)
Price Increase (132)
Price Decrease (1193) This is not good news for sellers. Can you say competition?
Under Contract (1891) This is a very solid week and well above average.
Withdrawn (139)
Leased (42)
Sold (1534) This is a good seasonal number!
Expired (206)
I’ll be brief this morning! I just want to remind everyone we have two very solid listings recently active. Our off market listings are coming to the market this week!
The first one is at 641 Ruby Trust Way Castle Pines Village Click and take a look. This is a tremendous value. At $1.8M, we are substantially below replacement cost. This one is ready for showings right now!
Next up is 7150 E. Berry Ave. This is ready for showings at the end of the week. Take a quick look right here. This one offers incredible Greenwood Village access to everything! Should have a great “walk score”. At $1.75M, this one will fly off the shelf!
Finally, we will be ready to provide the address and final price on our new Lone Tree listing this time next week. It will be coming in around $800K.
Check back often, because we always have something new coming up. Enjoy the week…tc
As we round the corner for the end of the First Half 2018, there are a few things we need to address.
Denver, but Denver is still “500 miles from nowhere” and some would argue a 1,000 miles. Denver’s history has been a story of struggle, survival and grit long before we came along. It looks pretty darn good from my perspective, and will be thriving long after I’m gone. That’s really the history of the west. Planting seeds for the generations that follow. Some great history surrounds our 
We have some exciting inventory coming to market this month and next. If any of these neighborhoods or communities interest you, please give us a call, and we will let you know what’s next!
We have 7150 E. Berry Avenue in Greenwood Village, CO 80111 starting showings on 6/23/2018. It is a wonderful 2.5 acre property with tremendous privacy, views, great floor plan and fabulous outdoor living areas. It will be $1.7M.
Finally, we have another exciting listing in Lone Tree coming up in July. It has been meticulously maintained to the point where it FEELS like a new home and hardly lived in. It will be around $800K. It has an elevated site with some open space vistas. It is an easy walk to the Lone Tree Recreation Center, Shopping and more!
I can’t begin to tell you about all the excitement in this market and our business. So, let’s get started. Year over year, our office @Kentwood is out pacing last year. Dee and I are out pacing last year. Seems like whenever we see a “pause” in the market, almost immediately, we see a resurgence. This is all good.
Last month, 6,097 single-family homes, condominiums, and townhomes were placed under contract, according to DMAR. That was the most under contracts for any April since 2013, when 8,223 homes were placed under contract. 
Selling your home is a big decision and can be a difficult process. But to get the most out of your home it pays to be detailed and do everything right. If you can avoid these common home selling mistakes, you’ll increase your chances for a smooth, fast, and lucrative transaction. 
As the weather starts to heat up, what better way to spend the day with your pup than enjoying a refreshing drink and good food at a neighborhood restaurant? Here are some of the most dog friendly patios and bars around Denver. 
Well, Well, Well…
As we move into the summer season next month, it will be interesting to see the changes coming our way. One thing you can be sure of? We will be here every step of the way, reporting, analyzing and providing our own brand of the Denver Market Watch.
MyTownCryer 
You must be logged in to post a comment.