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Denver #2 in Nation for Quick Sales

By
Real Estate Agent with GoodFit Homes (with Keller Williams)

If you're in (or will soon be in) the market to buy a home in the Denver area, we hope you're comfortable with making fast decisions. It turns out that when you take several years of pent-up demand and combine it with very low inventory, the result is a market that resembles a shark feeding frenzy. Houses are flying off the shelf as soon as they're listed. See the (very good) Denver Post story here.

We wrote recently about our first-ever listing, which received a winning offer after 5 days of nonstop showings. Our second listing went under contract just a few days ago. It spent 32 days on the market: one day fewer than Denver's median, and 57 days fewer than the national median. Both homes received multiple offers.

While this is fantastic news for sellers, it's a wake-up call to buyers. In this current market, you can't afford to be a casual shopper unless your price range is upwards of $400,000. You need to be on top of new inventory, watching your listing alerts like a hawk. (Sign up for daily listing alerts that match your needs here.) And keep in mind that you will be unable to make any offers until you are prequalified and have a lender approval letter. See our recommended mortgage brokers on the home page of our website.

Once again, if you are considering selling your house any time in the forseeable future, it will be tough to find a better time than now. Call Marty today (720-891-9000) and find out what you can expect your house to sell for! If you're outside the Denver area, Marty can still help by getting the inside scoop on the most reliable realtors in your area.

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