As we round the corner for the end of the First Half 2018, there are a few things we need to address.
First, although supply is increasing, as it should this time of year, demand chases closely behind. All signs point to a typical seasonal swing in this Denver Residential Market.
Second, as we close on the last days of spring, the flowers just look great around our place. The Columbine are drawing in the Hummingbirds and the Peonies are just big, bright and white this year.
I suppose we could ask for less traffic, more inventory and a more settled market in
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 Denver Water Board.
DENVER’S WEEKLY MLS UPDATE
New Listing (1910) Buyers have to be happy about this one, but look at UC’s below.
Back On Market (322) We are starting to see a trend of transactions failing.
Price Increase (181)
Price Decrease (1151)
Under Contract (1849) Every week we seem to grow our inventory, demand keeps chasing!
Withdrawn (132)
Leased (37)
Sold (1547) This is a very solid number. The vitals in this market are still strong!
Expired (170)
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!
Castle Pines Village – We have a fabulous custom ranch home going active this week at $1.8M. The indoor and outdoor living space is spectacular! You couldn’t replace this home for $2.4. This property has been maintained to a level one seldom sees in this market. It’s truly one of a kind!
Greenwood Village – We have another custom ranch going active next week. It is a very strong property. Where else in Denver can you walk two blocks to The Landmark for coffee in the morning, then another two blocks to the Orchard Station and ride downtown avoiding all the traffic and live on 2.5 acres of lush mature landscaping with mountain views? This property is amazing!
Lone Tree – Following the first two will a Berkeley Built upgraded to the MAX, this home will be around $800K when it comes on the market in July. Basement finish and a 3 car garage make this a very functional plan with that “never been lived in feel”.
In closing, we have leads on a number of properties coming to market over the next few months, please keep in touch and we’ll keep you posted. Want to follow us on Facebook – The Cryer Team?
“What we learn from history is that people don’t learn from history.” — Warren Buffett
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.
I’m going to change Barbara’s quote up just a bit this morning. “This market doesn’t dare underestimate it’s power to prosper.” My oh my, week after week, we continue to see the results of a vibrant Denver Residential Market throwing up numbers like we’ve never seen before. It’s a good life!
As you can see below, the Denver Market remains HOT! Hop in, the water is warm.
Those of you not familiar with Oklahoma History, I think, will find this interesting. Having spent my high school years in Tulsa, the concept of Boomers and Sooners clearly became an imprint. But who were the Boomers and Sooners?
From Wiki: "Many settlers immediately started improving their new land or stood in line waiting to file their claim. Many children sold creek water to 
Sloan’s Lake was circumnavigated by a paddle boat enjoyed by wealthy Denverites looking for an evening out. Today, it is the second largest park in the city with improvements that were never considered a 100 years ago. Highrises threaten the southern boundary, lower income households are being priced out and Edgewater is actually considering "Urban Redevelopment".
Last month, home prices in Denver set yet another record. According to the Denver Metro Association, the average price of a single-family home sold in March rose to $522,277. 
This Mother’s Day, give your mom a gift that is uniquely her. These shops around Denver will allow you to find a thoughtful gift for mom, while also shopping locally. 
In a hot seller’s market, a well-priced home in good condition will move quickly and likely have multiple offers. We can help you prepare for beating the competition and landing the home of your dreams! 
MyTownCryer 
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