For the past 6 years, the Denver Metro real estate market has been a “seller’s market,” but is that about to change? Well, current trends are showing that it has already started changing in CERTAIN SEGMENTS OF THE MARKET, but not all. As is a predictable trend, the luxury market is the first to soften and show signs of becoming a “buyer’s market.” Listings above $1m are seeing price cuts and longer days on market, and we are seeing similar trends in a slightly cooling suburban market. What is holding steady as a seller’s market? Sub $1m listings in central Denver remain strong with very low days on market and asking or above asking sales prices. Click the picture below to read a 5280 article about current trends.
Will changes trending in 2019 affect your buying or selling? Give us a shout to find out!
https://www.saabpropertiesdenver.com/wp-content/uploads/2021/03/Saab-Properties-Compass-Logo.jpg00Gina Saabhttps://www.saabpropertiesdenver.com/wp-content/uploads/2021/03/Saab-Properties-Compass-Logo.jpgGina Saab2019-02-13 10:04:222019-02-13 10:06:252019 Real Estate Market: How Will it Affect You?