Let’s discuss the Denver real estate market and highlight the top three current trends that potential buyers and sellers need to know. There is great news for buyers as the market becomes more accommodating. First, let’s talk about the current state of the Denver housing market. While home values have increased by 14.7% over the
February 2023 continues to show a steady, stabilized market. We are still in a slight Seller’s Market, despite inventory up 208% from last year (Feb 2022). We still need more homes. Supply is typically showing 1-2 homes in a neighborhood price point that someone is looking for – there just isn’t a massive inventory selection. How is that
January 2023 is a story of interest rates and inventory. From the Denver Metro Association of Realtor Market Trend Report: Active Listings dropped 1,339 from December to end at a total 4,120 by the end of January. This is 29.94% below 2019 and new listings are 40.84% below 2019 (2,858). The total inventory for detached