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Last Seven Days in Denver and Surrounding area figures!

By
Real Estate Broker/Owner with Hamm Homes

In the last seven days in the Denver and surrounding area

the following has happen:

New Listing 1558

Under Contract 1801

Sold single family, condos, town homes 1454

Current inventory 9819

Inventory for same week in 2016: 11041

Inventory for same week in 2011:  41024

Boy, I remember the buyer market back in 2011 and the deals that where out there.  Now being in a seller market and prices keep going up.

Comments (14)

Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

It can be a challenge for buyers to stay one step ahead of the inventory depletion !

Jul 18, 2017 06:17 AM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Good morning Will, what a great market snapshot.  Thanks for sharing.

Jul 18, 2017 07:17 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Sally K & David L. Hanson,  You hit the nail on the head.

 

Jul 18, 2017 07:23 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Sybil Campbell,  always good to take a look once a week at the snapshot in my area.

 

Jul 18, 2017 07:24 AM
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Will, those are some real estate figures of note for Denver...have prices changed for sure!

Jul 18, 2017 07:48 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

There were amazing deals in 2011 here as well, I was shocked at the prices people were paying and the low interest rate they were getting.

Jul 18, 2017 10:44 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Hindsight is always 20/20 Will. Those were some crazy, scary days. It's amazing how far we've come & how far the housing market might still go.

Jul 18, 2017 12:16 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Ginny Gorman, prices have increase big time, will have to figure out the %'s

Jul 18, 2017 03:12 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Brian England, if only we were buying real estate back in 2011

 

Jul 18, 2017 03:12 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Debe Maxwell,CRS,  prices have to stop sometime but then again, we are making more money now.

 

Jul 18, 2017 03:13 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Will 

The Denver Colorado and surrounding area real estate markets continues to look good the last several days

Good luck and success.

Lou Ludwig

Jul 18, 2017 06:03 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Lou Ludwig,  You are so right on with your comment.

 

Jul 19, 2017 07:26 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Will -- a 30000 unit drop in inventory of Denver area properties for sale for this same week compared to 2011 --- that's an incredible statistic.  

Jul 19, 2017 08:01 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Michael Jacobs, buyers market to sellers market in a few years.

 

Jul 19, 2017 08:05 AM