Sold vs Active Inventory

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Denver Market Trends

While prices are higher on a year-over-year basis, they are starting to flatten in the Denver metro area month-over-month. Many listings are seeing price decreases as both buyers and sellers adapt to new market dynamics. The number of available homes has increased from the historical lows in January ‘22, giving buyers more choices and leverage in purchase negotiations.

Even in the midst of such dramatic changes economically, including inflationary pressures and stock market declines, demand is still sufficient to sell many properties in 10 days or less. Also, many renters have experienced significant rent increases and are recognizing the financial benefits of purchasing a home. Look for the number of available homes to peak in July or August and taper off as we head into fall. The best selection for buyers in 2022 is available right now!

It is more important than ever for buyers to have an experienced Realtor and Lender team helping them through the real estate transaction process. Call or office at 303-325-5690 if you would like to learn more about our 9 Steps to Getting Offer Accepted System.

It is a great time to put your home on the market. Get a personalized Local Market Trends Report based on your house and subdivision. If you would you like details on specific areas of Denver or another area of town give us a call at 303-325-5690.