Tag Archives: Seller’s Market

SW Suburban Denver Real Estate Report ~ May 2014

Southwest Metro Denver Region Zip Codes

 

Denver Real Estate Statistics - May 2014

The inventory of homes for sale in SW Suburban Denver dwindles as buyers are purchasing homes.  The month of May saw 510 homes sell out of the 670 that are available.  The average price for the area is at $385,259.

Home owners wanting to sell in SW Suburban Denver neighborhoods will be glad to know it is a strong Sellers Market with plenty of buyers writing offers on homes for sale.  The average number of weeks inventory is under 6 Weeks!

Questions about your neighborhood? Need more specific data on your home for either purchase or to sell? Feel free to call for more in depth reporting. Kristal Kraft 303-589-2022 I welcome your call.

Contact me for information about Metro Denver Real Estate Request an Up-to-Date Market Report for your Metro Denver Neighborhood.

Based on information from Metrolist, Inc. for the period of May 2014. NOTE: this representation is based in whole or in part on content supplied by Metrolist, Inc. Metrolist does not guarantee nor is in any way responsible for its accuracy. Data maintained by Metrolist may not reflect all real estate activity in the market content.

NE Metro Denver Real Estate Market Report – January 2014

The new year brings a strong real estate sales market to the Northeast Suburbs of Denver.  The shortage of inventory continues, forcing prices up and frustrating buyers who are trying to purchase a home.

If you are a homeowner looking to sell, this window of opportunity may not be open long!  As interest rates remain low, buyers will be in the market. Once the rates go up, well there’s no telling what might happen.

Buying or selling a home? Call Kristal Kraft, Denver Realtor 303-589-2022

Neighborhoods in this Northeast Suburban Area of the Denver Region include, (but are not limited to):

Brighton

Commerce City

Henderson

Northeast Aurora

Real Estate Sale Statistics for January 2014 - NE Suburban Denver

NE Metro Denver Real Estate Extreme Seller's market

Questions about your neighborhood? Need more specific data on your home for either purchase or to sell? Feel free to call for more in depth reporting. Kristal Kraft 720-279-4599 I welcome your call.

Contact me for information about Metro Denver Real Estate

Request an Up-to-Date Market Report for your Metro Denver Neighborhood.

Based on information from Metrolist, Inc. for the period of January 2014. NOTE: this representation is based in whole or in part on content supplied by Metrolist, Inc. Metrolist does not guarantee nor is in any way responsible for its accuracy. Data maintained by Metrolist may not reflect all real estate activity in the market content.

Denver Real Estate Market Favors the Seller!

Looking at the Denver real estate statistics for the Month of October 2012, no matter how you measure it home sellers are finally in the driver’s seat!  The absorption rate is low as is days on market.  Overall absorption rate is 10.29 weeks for the Metro Denver area.  The average Days on Market is 62.24.

For sellers this is really good news.  They can put their home on the market and expect to be moving within 90 days or less!

 

The market is very low on inventory right now.  In fact we have 31% less homes on the market than the prior year.  A shortage like this means buyers are having to compete with other buyers when they find a home they like.

 

We have buyers on the street looking for homes.  Note the increased activity over the past 4 years.  Buyers are realizing how affordable housing is right now.  Interest rates are at all time lows.  Considering how the rental market is also tight and the cost of rent is increasing, it makes perfect sense to  buy a home now.

 

 

Buyers are going to find that the window of opportunity is closing on them.  With low inventory and lots of competition, the prices will continue to rise.  It’s the Law of Supply and Demand going into action.  When the demand for a product is strong and the product is scarce, the demand will drive the price of the product up.  The more demand the higher the price.

Sellers, now is your time.