Is it a Buyer’s Market? Seller’s Market? How long are homes taking to sell?
Like most of the Country during the ongoing COVID-19 Pandemic, the Denver metro area is experiencing an ongoing, severe shortage of inventory. Paired with historically-low interest rates, Colorado’s growing population & the devastating impact of the recent Marshall Fire, this has created a market crunch the likes of which we’ve never seen. There just aren’t enough homes to go around & multiple offers leading to higher prices across the board are the norm. Double-digit appreciation seen in 2020 & 2021 is expected to continue. The scales are most decidedly tipped in the Sellers’ favor in one of the country’s hottest real estate markets! Does your Realtor have the experience & the know-how to best leverage this market knowledge to your advantage, whether you’re a Buyer or a Seller? Can you compete in a tough market? If not, then you need some Fresh Air in your Real Estate Transaction!
Don’t just take our word for it — check out the market statistics from the Denver Metro Association of Realtors (DMAR) for yourself!
DMAR March 2022 Market Trends Report – NEW!
DMAR February 2022 Market Trends Report
DMAR Jan 2022 Market Trends Report – Special 2021 Year-End Addition!
DiggingDeeper into January 2022 Stats