Welcome to spring, where Denver's real estate market is buzzing with activity! While both active and new listings experienced slight declines in April compared to the previous month, it's worth noting that new listings hovered just above the levels we observed during the same period in 2020.
Despite these fluctuations, the demand for homes remains robust. Pending sales witnessed a notable 9.1% increase compared to last month, indicating a strong interest from prospective buyers. On average, properties spent 28 days on the market, slightly lower than the 37 days we observed in the previous month.
Interestingly, word on the street suggests that eager buyers are eagerly anticipating new listings and expressing optimism that the arrival of May, coinciding with…
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