Tuesday, January 15, 2013

December's Market Snapshot

So, what is happening in our local real estate market?
Now that that the holiday season is over, we would expect some uptick in market activity. So far, the market remains robust.
This market is still improving. Time on the market is down all over Metro Denver (averaging 73 days). Many buyer's are finding it hard to find the right property...and when they do, there are multiple other buyers vying for the same property. For sellers, the market change is allowing them to scrutinize buyer's credentials and in some cases, due to rising sales prices, recoup some equity. 

Overall, in Metro Denver, inventory remains low at about 30% down from this time last year...

Are you ready to talk about your options? For a more detailed report on your specific area, visit: Home Market Report or call 303-300-8989, to speak Cynthia TODAY!