Here’s what’s been happening in the Denver market since January 1.
- Overall, 8,379 homes have gone under contract since January 1, 2012.
- Of those 8,379, more than 60% of these went under contract in less than 90 days! The average days on market for the Denver market has been hovering around 120 days for several years. More than 40% had contracts on them in less than a month!
- This is more fun: currently there are 1,046 homes in central Denver with contracts in place. More than a third of them went under contract in less than 14 days! 110 of them had offers accepted in two or less days!*
If you’ve been thinking of selling your home for a while but didn’t think you could because buyers aren’t out there looking, consider what you just read. I have been involved in several competing offer situations for my buyers in areas from Highlands Ranch, to DU to Broomfield!
There are high-profile neighborhoods in the city where there is so little inventory available that many houses will sell before they even appear on the market. Recently, I sold 755 Jackson Street in Congress Park for full price before ever putting the house on the MLS.
If you’re interested in selling your house quickly for a price that may be more attractive to you than it may have been in recent years, give me a ring and I’ll tell you what your house is worth today.
*All information courtesy of Metrolist, Inc.