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April Real Estate Market Report: Denver Metro Area

Just like the weather, the real estate market is heating up again!

Denver Real Estate Market Report

 

By David Schlichter 

Just like the weather, the real estate market is heating up again!  While not every listing is getting multiple offers, many are, which is a significant shift from what was happening during the winter.  Days on market are down significantly, and interest rates are at a 7 week low--making home purchases significantly more affordable for buyers.  

Inventory levels are still low.  Those who do decide to list their homes now may be able to capitalize on the imbalance between the high buyer demand and very low seller supply while benefiting from lower interest rates when purchasing their replacement homes.

In the market update video below, David Schlichter and Tom Pitzer walk buyers and sellers through three things they each should know about this rapidly changing real estate market.

 

 
 
Contact us today to let us know what we can do for you!
 
 

Denver Metro Area: Market Stats

 

March 2023 month-over-month real estate market snapshot for six Colorado counties.
March year-over-year real estate market snapshot for six Colorado counties, with five housing metrics and percentage changes.
March 2023 market snapshot comparing condo, SFR, and $1M+ sales across six Colorado counties.

 

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