The stats are out for the month of October, and it has been a strange year as far as stats! As of end of October, we saw less new listings, less pending listings and less closed listings. I think many Buyers were holding off due to the Election and wondering how the market would do.
The following data is courtesy of Joan Cox - House to Home, Inc.
Sellers should remember to list a home properly, as those over-priced homes will sit on the market. (this includes land, attached properties, single family homes and up to the mega million dollar homes)
See what homes are currently available - Active Homes for sale in Denver
Buyers - If you have thought about buying a home this year - NOW IS THE TIME! The interest rate is unbelievable - below 3%. You can buy more home than you could just six months ago.
Sellers - Pricing your home is very important, and not start too high, or you will be sitting on the listing for a while, as you now have competition. If you don't have showings, you won't see an offer! If you are thinking of selling, but worried you won’t find a replacement home, I can enter into MLS the fact you require a contingency of a replacement home. I may recommend unless you HAVE to sell right now, it may be easier once showings are allowed.
Homeowners - if you have thought about selling and like like a home evaluation, please let me know, I will contact you right away. Relocating to Denver, and need some advice - see my Relocating to Denver information.