Don't let the stress of moving get you down, we provide all the tips to make selling your home a breeze!

June 2022 Denver Market Update: 

May numbers indicate a slight cooldown of the red hot Greater Metro Denver market. The average close price was up when looking at year-over-year but dropped 2.1% when compared to April. The median sales price landed at $668,000 for May - a 1.6% decrease when compared to April.

Demand remains robust with pending listings up 12.9% when compared to April, further underscoring that Metro Denver remains a desirable place to live. And, buyers are likely feeling some (slight) relief with average days in MLS ticking up 12.5% when compared to last month to 9 days.

Key highlights for May are below.

Supply - Active Listings

Active listings are just above 2021 levels but did see a decrease of 3.5% when compared to…

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May 2022 Denver Market Update: 

April saw the average sales price increase to $820,740 and the median sales price jumped to $680,000. Buyers felt relief with an influx of new listings - April saw a jump of 13.2% in new inventory compared to March.

Demand remained high and at the same level as 2019 and 2021, but homes are moving very quickly with just 8 days on market, on average.

Anecdotally, we hear that competition remains fierce with multiple offers. We will continue to keep an eye on interest rates as we progress into May and the summer.

Supply - Active Listings

Active listings saw an increase to 2,960 - a 29.4% increase over March. While a relief for buyers, this number is still down as compared to the previous 3 years.

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Denver is a hot seller's market, but that doesn't mean your home is guaranteed to sell quickly. Attention to detail and preparation matter in any market, and sellers that are listing their home the right way are creating multiple offer situations and crushing market averages. When multiple buyers bid on your home, Denver sellers win.

Seller's Checklist A Timeline to Prep Your Denver Area Home for Sale

We've outlined all of the steps below, but start by connecting with a top-rated Denver real estate agent as soon as possible. Having the eyes and ears of an insightful real estate professional on your side can help you boost your home's appeal to buyers. First, beginning the preparation process early allows you to tackle repairs and upgrades that can increase your property's value. The more runway the better.

Use…

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April 2022 Denver Market Update: 

HOME VALUES ARE AT AN ALL-TIME HIGH!

March continued the trend of very high demand, an overall shortage of inventory, and skyrocketing home prices. The Spring market is starting with a big bump in new listings - March saw an increase of 42.4% as compared to last month - but they are moving very quickly with just 11 days on market, on average.

Buyers are facing high prices - the average price for a single-family home in March was $793,445 (an increase of 8% over last month) and the percent closed price to list price jumped to an astounding 106.5% from 104.8% from February.  In March, 21% of closings were cash buyers.


Supply - Active Listings

Active listings saw an increase of 31.6% over February - a…

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It's been a long snowy winter here in Denver, and it's officially Spring (even if the weather doesn't make us feel that way). Spring tends to be the forgotten season in Colorado, in most areas it's more like a second winter. But a seasonal change it is, and a great time for Denver area homeowners to freshen up the inside and outside of their home in preparation for warmer temps ahead. So, get ready to wash away the winter grime, open the windows, and prepare your home for warmer weather and backyard barbecues. 

The Ultimate Spring Cleaning Checklist for Denver Area Homes Cleaning

Inside Your Home

❏    Conduct Annual Spring Cleaning
Be sure to tackle those areas that may have gone neglected—such as your blinds, baseboards, and fan blades—as well as appliances, including your refrigerator, dishwasher, oven, and…

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Gas prices got you down? You're not alone.

The Denver average for a regular gallon of gas went over $4.00 per gallon for the first time in more than a decade. Fuel prices have skyrocketed since the Russian invasion of Ukraine just 2 weeks ago, and there's no end in sight. "The higher prices this time will likely stay around far longer," GasBuddy's head of petroleum analysis, Patrick De Haan, tweeted. So how can you save money at the pump here in Denver?

where to find the cheapest gas in denver co


Use Phone Apps like Gas Buddy for Real-Time Pricing

I just started using the Gas Buddy app, and it's already paying off. It pulls up every nearby gas station based on your real-time location and shows you every gas station nearby based on their gas prices. Install it from the app store on…

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If you need help navigating this market, call us at (303) 532-4742. Buyer fatigue is real at the moment, with lots of buyers giving up on their search. Sellers are getting bad advice, listing with no plan or execution. When you work with us, you are working with the very best Denver real estate agents. Don't leave such a huge financial decision to chance.

March 2022 Denver Market Update: 

Home Values at an ALL-TIME HIGH!

The February market continued to be jaw-dropping with record-high prices and ongoing low inventory. The average price for single-family homes was up 18% year-over-year to $738,961. Additionally, the median price for single-family increased to $634,747 - up 21% YoY.

Supply - Active Listings

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Whether you’re prepping your Denver home to go on the market or looking for ways to maximize its long-term appreciation, these nine home improvement projects are great ways to add function, beauty, and real value to your home. For instance, real estate professionals estimate that a closet remodel can add $2,500 to a home’s selling price. 

The best part is, once you’ve secured the materials, most of these renovations can be completed over the course of a weekend. And they don’t require a lot of specialized skills or experience (remember, YouTube is your friend). So grab your toolbox, then get ready to boost your home’s appeal AND investment potential!

Add Value To Your Denver Home With These 9 DIY Improvements

1. Spruce Up Your Landscaping

Landscaping improvements can increase a home’s value by 10-12…

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In our “bigger is better” culture, there’s an expectation that each home should be larger and grander than the last. But life changes like divorce, kids leaving for college, or even the simple act of growing older can prompt us to find a smaller home that better suits our shifting needs and lifestyle. Maybe you are looking for something smaller, or just looking for something the "right-size." Or perhaps you just need a different floorplan like a Ranch or something with less maintenance like a Denver Patio Home.

Five Step Strategy for Downsizing Your Denver Home This Year

In fact, the advantages of downsizing are being increasingly recognized. A “tiny house movement” has gained passionate advocates who appreciate the benefits of living simply at any age and stage of life. Not only does a smaller home…

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If you need help navigating this market, call us at (303) 532-4742. Buyer fatigue is real at the moment, with lots of buyers giving up on their search. Sellers are getting bad advice, listing with no plan or execution. When you work with us, you are working with the very best Denver real estate agents. Don't leave such a huge financial decision to chance.

February 2022 Denver Market Update: 

January 2022 ushered in continued low inventory coupled with the anticipation of rising interest rates. Prices remain high, up 9% for single family homes over this time last year. Anecdotally, we hear that housing competition remains fierce and that available homes are quickly going under contract. It will be interesting to see if inventory will increase earlier…

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