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February Real Estate Market Report: Denver Metro Area

Denver Real Estate Market Report

By David Schlichter 

While the fall and the winter has been a slower time for the Denver real estate market, things are thankfully starting to thaw out!  We're hearing from lots of sellers who are planning to sell, which means even more inventory is coming for those who are thinking about buying.

If this year is one in which you plan to make a move, now is the perfect time to reach out so that we can make a plan to optimize your results and achieve your goals. Contact us today so we can make a customized plan to help you achieve your real estate goals!

Thinking about making a move in 2024? Here's how you can prepare!  

In the coming months, we expect more inventory to hit the market, and we expect more buyers to actively look for homes to purchase.  While we were hoping the Fed would start lowering rates at its March meeting, it now appears that rate reductions may occur later in the year, which may stretch out the buying season.

Sellers

Now is the time to get your home ready for the spring/summer selling season. Here are five things you can be doing right now to prepare your home for sale:

1. Declutter
2. Cosmetic upgrades
3. Repairs
4. Touch up paint
5. Connect with our award-winning team

Did you know that our Compass Concierge program can help cover the upfront costs of cosmetic repairs/improvements to your home? Let us know if you would like more information about this exclusive service!

Buyers

For those who need to get a loan for their home purchase, now is the time to get pre-approved so you can be ready to move when the right property comes on the market. For those who are cash buyers, now would be a good time to start to explore which homes are for sale before more buyers begin to search.

Denver Metro Area: January Market Stats

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