Buyers in the Denver Real Estate market are out in force this Spring season. So begins the climb in prices that typically peaks in the middle of summer before bottoming in the winter. With the golden handcuffs of the mortgage rate lockdown, new listings are slowly coming to the market. It’s a story of supply
The Denver Real Estate Spring selling season has officially begun and is in full swing. The monthly update shows typical seasonality with increased listings and increasing prices. What does it take to get a deal done? It’s not the luck of the Irish. Work with your CJV expert realtor to create a strategy to reach
Here in the Denver Real Estate market, winter is over. Things are warming up and Spring is coming. Don’t worry about groundhogs and shadows. It’s time to get ready! Active Listings Active listings in the market hit 4,871 in January 2024. This was an increase of 18% over January 2023. This is an improvement for
Everything slows down in the cold, winter weather, including the Denver Real Estate market in December 2023. This typical seasonality was reinforced by the highest interest rates in years. The best gift Santa brought is lower rates! This will translate to increased activity, buying and selling, this Spring as buyers can afford more and sellers
Along with the November Denver real estate market update, we are entering the season of winter weather and holiday parties. Christmas came early this year! Mortgage rates have dropped to the lowest in almost 2 years and the New Year will likely hold even more interest rate decreases! Active Listings Active Listings this November up
With Halloween over, we are truly into the Holiday season. Prepare for both a possible flurry of snow and activity in the real estate market. Overall activity has significantly slowed with the rise in interest rates as buyers are closely watching interest rates like they are watching the colors change. However, any significant decrease in
Just like the Byrds song: Autumn is here in Denver with the changing of the leaves and the normal seasonal changes of the Denver real estate market as well. With Fall comes a traditional slowing of the real estate market. Still, even as things slow, life goes on. Some people are sellers and some are
Increased interest rates continue to affect the Denver Real Estate market. As mortgage rates surpass 7%, market activity continues to slow – at all metrics. And yet, buyers and sellers continue to get deals done when properties are priced right. Let’s break down the numbers. Active Listings While active listings ticked up almost 9% from
At CJV Real Estate, the monthly stats are just one way we keep our finger on the pulse of the Denver Real Estate market. In addition to feedback from our active listings, showings for buyers, conversations with other agents, and regularly watching the MLS. We have been in a seller’s market for the last few
June 2023 Denver Real Estate Market stats are out and so it is worth stepping back and reflecting on the state of the market six months into the year. Price Many economists predicted a recession that we have not witnessed. Indeed prices have largely held steady. The average closed price of $713,674 in June 2023