Wednesday, February 20, 2013

January Market Snapshot

So, what is happening in our local real estate market?


It was one of the best January for pricing and sales in recent memory.  As we enter into Spring, we would gains in market activity. So far, the market remains RED HOT!

Time on the market is down all over Metro Denver (averaging 78 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 equity, lost during The Great Recession.

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!