February was another great month in the Denver home market. By the numbers, the inventory of available homes for sale is 3,531 homes at February month end, 4,316 homes came onto the market, 4,161 homes went under contract, 2,964 homes closed at a median sold price of $355,000 and an average sold price of $399,269… [Read More]
Market Report Denver Real Estate February 2017
January 2016 set records when compared to prior January home transactions. By the numbers, the inventory of available homes for sale is 3,655 homes at January month end, 3,620 homes came onto the market, 3,525 homes went under contract, 3,004 homes closed at a median sold price of $348,218 and an average sold price of… [Read More]
January Market Report from your RE/Max Pros Agent Jo Pellegrino
Here’s the latest Denver Metro Market Report for January 2017. 2016 was another record setting year with 53,387 homes sold and a closed dollar volume of $21.2 billion. Happy New Year and whether you are a seller or a buyer, be prepared as Metro Denver continues to be one of the top destination cities in… [Read More]
December Market Update from your RE/Max Pros Agent Jo Pellegrino
While the Denver Home Market continues the seasonal slowdown with a focus on family and holidays, buyers remain in the market. Sellers are motivated and looking forward. Winter weather is here. Homes for sale remain low. Lifestyle choices and SMART homes are the number one priority of home buyers, and the Denver economy is continuing… [Read More]
Housing Trends to Watch in 2017
Housing Trends to Watch in 2017 Daily Real Estate News | Monday, November 28, 2016 Recent spikes in mortgage rates may potentially price some first-time home buyers out of the market. The higher rates mixed with rising home prices will likely cause the housing market to slow in 2017 and see only moderate growth, according to… [Read More]
November Market Update
October was a very interesting month in the Denver home market as we saw an increased seasonal slowdown that was not only impacted by the time of year; but, also by the current election cycle. Thankfully the election is over and now we all can focus on our priorities. Active listings at month end have… [Read More]
Advise for Sellers and Buyers in the Denver home market November 2016
Advise to Sellers: Sellers, Buyers today continue to be more educated on the Denver home market. We are in a slower time of year as traditionally the 4th Quarter relates to less home closing transactions per month than in the previous months of the year. With fewer homes available for sale, Sellers need to know… [Read More]
July 2016 RE/MAX National Housing Report
Like summer afternoon temps, home sales and prices continue to rise this month, according to the July 2016 RE/MAX National Housing Report . Now could be the perfect time to sell with a very tight inventory of homes for sale in most markets. Your house may sell for a competitive price, but you may also… [Read More]