As expected, COVID-19 impacted the Denver Real Estate Market in the month of April while we were in a Stay at Home order from the Governor. Active Listings decreased by almost 19% from the previous month and the number of New Listings decreased by 38% from this time last year. We have not seen major price decreases, however Buyers are surely looking for value as they re-engage in the market in May and June. Homes that are priced correctly and show well are selling quickly just as in Pre-COVID days. This may be a great opportunity for Buyers! 
Don’t forget that we are here as your real estate resource to help you navigate this unprecedented time. Every listing and buying situation is unique, so please call or email us at RandRteam@rmprohomes.com to discuss your questions.
Here are additional details on what happened in Denver’s real estate market in the month of April according to REColorado. And don’t forget to scroll down to look at what the LUXURY market is doing…
