Is the Market Back?

Matt Hudson, CEO Denver Market Stats

1,674 homes went under contract last week, 38.1% higher than the last 3-year average. New homes listed for sale is right at the 3-year average and home showings per property and total showings are both higher than 2019 numbers.

Buyer / Seller Activity Sees Substantial Increase

Matt Hudson, CEO Denver Market Stats

While the beginning of the peak real estate season has been muzzled due to local and US economic challenges and virus outbreak containment efforts, just two days of mostly unrestricted-but-socially-responsible buyer and seller activity has given us a glimpse into pent up supply and demand.

Buyers Go Virtual, Sellers Remain Cautious

Matt Hudson, CEO Denver Market Stats

Buyers Go Virtual. Sellers Remain Cautious.
Fueled by low interest rates, low inventory and consumer adaptation to virtual showings, more than 63% of homes sold last week, sold at-or-above the seller’s asking price.

Colorado Home Realty Real Estate in Turbulent Times

Turbulent Times

Matt Hudson, CEO Denver Market Stats

Last night, we sent an email to 14,000 CHR clients. We wanted to share this same information with the Denver real estate community.