Denver and surrounding area market report

By
Real Estate Broker/Owner with Hamm Homes

Weekly Housing Market Statistics: May 10, 2020

 
  • There was a dip in closed listings for the second consecutive week. During the week of May 10, 568 listings closed a week-over-week decrease of 16% and 56% less than the same week last year. On a positive note, the number of listings in Pending status increased 15% week over week and was up 21% compared to last year at this time.
  • Listings of homes for sale continued to come on the market. The measure for New Listings was up 2% compared to last week and was down 15% year over year. 
  • The Median Closed Price for homes was up less than 1% both week over week and year over  year. 
  • The median number of days a listing was in the MLS increased to 8 days. Days in MLS was 2 days more than last week and 1day more than this week last year.
  • The count of Active Listings at the beginning of the week saw a minor uptick. On May 18, where were 7,346 Active listings, up 1% from last week. 
  • The number of listings in Withdrawn status saw increases last week, up 66% week over week and 17% higher than this week in 2019.

Denver Metro Weekly Market Watch May 10 2020

 

Denver Metro Weekly Market Watch May 10 2020

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Rainmaker
5,771,274
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local real estate reports.

Take care and be safe.

May 20, 2020 09:45 AM #1
Rainmaker
1,367,628
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Will Hamm - There is a lot of good info for buyers and sellers to mull over in the Denver Metro Market. 

May 20, 2020 10:06 AM #2
Rainmaker
3,404,311
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Thanks Roy for your kind words.

 

May 20, 2020 10:52 AM #3
Rainmaker
3,404,311
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Sheri Sperry,  Hope my phone starts to ring.

 

May 20, 2020 10:53 AM #4
Rainmaker
245,322
Janice Zaltman
United Realty Group - Boca Raton, FL
South Florida Residential Real Estate

Hi Will, Think it is great that you are providing market reports.  What month are usually the busiest in your area? (during normal times)

May 20, 2020 03:32 PM #5
Rainmaker
2,558,163
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Thanks for providing an overview of your market, Will.

May 20, 2020 05:44 PM #6
Rainmaker
3,404,311
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Janice, NormallyApril and August.

 

May 20, 2020 08:44 PM #7
Rainmaker
2,723,147
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Denver home buyers and sellers are sure to value your real estate market report, Will.

May 21, 2020 12:58 PM #8
Rainmaker
3,355,416
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and enjoy your holiday weekend!

May 22, 2020 07:09 AM #9
Rainmaker
3,404,311
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Rebeecca,  and thank you for stopping by.

 

May 22, 2020 12:49 PM #10
Rainmaker
3,404,311
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Kristin Johnston,  Thanks for stopping by.

 

May 22, 2020 12:50 PM #11
Rainmaker
3,404,311
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Thank You Myrl Jeffcoat for your kind words.

 

May 22, 2020 12:50 PM #12
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Rainmaker
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Will Hamm

"Where There's a Will, There's a Way!"
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