Denver Market Update
Denver Market Update
Real Estate News – March 2024
Quick Summary:
- National interest rates are currently ~6.75%.
- Buyers are competing for the best listings, with many of the best listings going for over list price and limited contingencies. Sound familiar?
- Not ALL listings are being fought over, however. The “other” listings will likely see longer days on market and a price change or two. Buyers are being pickier these days.
- On average, Sellers are getting 98.9% of their list price and selling in 48 days. The best listings are going under contract after the first weekend.
- As always, a strong sale is determined by the price and condition of the home.
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