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May Real Estate Market Report: Denver Metro Area

Denver Real Estate Market Report

By David Schlichter 

We know how important home is to you, and that's why we think it is so important to let you know when there are moments of opportunity when it comes to the purchase or sale of a home in the Denver metro area. Right now represents an opportunity for buyers. 

Right now is a significant moment of opportunity for people who are considering buying a home in the Denver metro area.  

The number of homes for sale is up 31.4% year-over-year in the metro area, but pending listings are only up 3.6%.  In other words, the number of homes that are coming on the market (and staying on the market) is much greater than the number of buyers who are ready to buy them.  When interest rates begin to come down, we do expect the market to get much more competitive for buyers, so now (yes, right now!) is a great time to get out and see homes if you've been thinking about making a move in 2024!

Check out some of our featured listings, and contact our team today if you'd like to see any properties that are a match for your search criteria!  

 

Denver Metro Area: April Market Stats

 

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