Even though we are seeing 60 new metro Denver residents daily, market activity has slowed down. New active listings continue to increase but Buyers and Sellers are not having the same experience as in the past several years. With interest rates staying low and many buyers in the market, it continues to be a slow time to buy and sell. Homes are taking longer and longer to sell; but, we are seeing a low price increase which is good news.
Here are some specific stats on what happened in the market in the month of August according to REColorado. As always, if you are thinking about buying or selling – the R&R Team is here for you. We would love to chat so drop us a note at RandRteam@rmprohomes.com