This weather is cooling but this market isn't. With nearly one solid year of month-over-month improvement, it's fair to say....we have definitely turned a corner. Buyer's continue facing multiple offers and competitive offers from other buyers. Potential sellers, are beginning to see opportunity to move up to that dream home, with some in equity positions.
Metro Denver, inventory remains low at 32% down from this time last year and average sales prices up over 11%. Some areas are seeing inventory reduce to 60% less that this time a year ago. The refinance market is also a contributing factor as some seller's are opting to refinance and stay put.
The market is heating up....don't get burned. For a more detailed report on your specific area, visit: Home Market Report or call 303-300-8989, to speak Cynthia TODAY!
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