May 2024: Denver Real Estate Market Update
Posted by Neil Walton on
Denver's real estate scene is buzzing with activity as spring unfolds. Over the past year, home prices have surged by an impressive 7.3%, indicating robust demand and appreciation in property values. Days on the market have dwindled to under 30, underlining the swift pace at which properties are being snatched up. With low inventory levels, most new listings are moving quickly. For those thinking of selling, it's an opportune time. Meanwhile, prospective buyers must be poised to act swiftly when new listings hit the market, as good properties often go quickly. In this dynamic setting, timing is crucial, and proactive engagement is essential for securing the perfect property.
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