Jo Pellegrino

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April 2020 Market Update

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Advice to Sellers: The Metro Denver Seller’s home market continues even though Covid 19 is impacting. The new challenge for Seller’s is being educated by your agent on all changes because of Covid 19. As a Seller, here are your 5 Golden Rules: Personalize, Maximize, Sanitize, Modernize, and Neutralize. With a changing market, housing is… [Read More]

January 2020 Market Update

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Advice to Sellers: The Metro Denver Seller’s home market continues to see increasing changes. The new challenge for sellers is accurate pricing. Seller’s will see more growth but at a slow pace. Homes are now taking longer to sell and price appreciation is changing. Sellers are increasing because they want to buy the home of… [Read More]

December 2019/ Year End Market Update

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In 2019 we had the lowest average price appreciation in about 6 years, as our market had some ups and downs during the year and finished the year with the Average Single Family Home Price at $526,784 up only 2.8% Annually! Townhomes/Condos were also in the single digits of Appreciation at 4.3% Annually and the… [Read More]

November 2019 Market Update

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Our Denver Metro Home Market continues to show some changes, as the overall activity feels slower for both Buyers and Sellers! As we have felt this shift coming on, it is partially part of a normal adjustment to what has been an extremely hot market, and some of it is just Seasonal and that time… [Read More]

October 2019 Market Update

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Our Market in 2019 is very similar to 2018 with a couple exceptions like Price Appreciation has slowed a lot and looks to end the year in the 2-4% vs the 8-10% we have seen over the last several years and the Days on the Market is increasing! Here is the good news! Buyers are… [Read More]

September 2019 Market Update

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Our main Theme for the Denver Metro Market is holding pretty true to what we expected as most of our data is very similar to 2018, however there is one major theme that has happened! We are no longer calling the Market as Shifting, and now we call the market as Shifted! First: Sellers, please… [Read More]

August 2019 Market Update

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7 COUNTY METROPOLITAN DENVER MARKET UPDATE AUGUST, 2019 Market Metrics: By the numbers, the inventory of available homes for sale is 8,156 homes at July month end, 6,019 homes came onto the market, 4,909 homes went under contract, and 5,355 homes closed at a median sold price of $427,500 and an average sold price of… [Read More]