Thursday, November 15, 2012

The Denver Metro Real Estate Market is ON FIRE!


In October, there were 4,095 homes sold.  Compared to October of last year, this is a 28.7% increase!
At the end of October, there were 9,719 homes on the market, down from 14,156 at the end of last October.  This represents a decrease of 31.3%.

 In October, homes sold in an Average of 66 Days on Market.  A year ago, it took an average of 102 days.
All statistics are saying one thing; this is a SELLERS market with raising prices.

It seems like every buyer offer is met with 'multiple offer situations' and sellers asking for 'best and final' offers.

This Spring season could be CRAZY!

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