In July, Denver Buyers and Sellers pulled back and we are now seeing many concessions taking place. New active listings continue to increase and buyers are also working with new home builders. For Sellers, you will see an increase in offers, negotiations and the possibility of price adjustments. With interest rates staying low and many buyers in the market, it continues to be a perfect time to buy and sell!
Here are some specific stats on what happened in the market in the month of July according to REColorado:
New listings in the market were up year over year and the luxury market (homes over $1 million) continues to soar. Take a look at these interesting stats for the close of July 2019…