We made the NEWS - Denver's Housing Market is HOT!
Denver’s front page news this week announced Denver is #2 in the nation for the shortest days on market, and enjoying a seller’s market again! The average days on market is only 33 days! Sellers are seeing offers on their homes within a week if priced correctly.
Denver buyer agents are calling listing agents prior to a showing to be sure the home has not gone under contract. Many sellers are seeing multiple offers with a few above list price. The appraisers hopefully will start valuing property accordingly soon, as some appraisals are coming in below contract price.
Finding a home for the buyer within close proximity of Denver under $250,000 has been challenging! If a buyer desires a certain neighborhood, their REALTOR® must keep a close watch on the new listings, and get out the same day to see it, or it will be gone! We are seeing buyers making decisions quickly, rather than going home and thinking overnight.
If you have been waiting for the market to come back to list your home - NOW IS THE TIME!