Leave a Message

Thank you for your message. We will be in touch with you shortly.

Denver Market | Top Ten Talking Points | January 24-30

Mckinze Casey February 2, 2024

Denver Market | Top Ten Talking Points | January 24-30

 
1. After President’s weekend, it is likely a secondary surge of buyers will come out and the market becomes increasingly competitive.
 
2. There were 817 new listings this past week.
 
3. Pending transactions were slightly down week over week by -1.5% with 875 listings going under contract.
 
4. The rate at which listings are going under contract is out pacing the rate of new listings entering the market.
 
5. Current Odds of Selling is 48.8%
 
6. A balanced market is 6 months of inventory, we are currently at 19.9% of balance.
 
7. Showings were up 5.4% last week, averaging 2.9 shows per property.
 
8. On average it took 15 showings to go under contract.
 
9. 34% of units going under contract reduced their price to engage a buyer.
 
10. Price reduction size was the slightly smaller this week at -5.0% off the original price.
 

Recent Blog Posts

Market Stats

Denver Market | Top Ten Talking Points | December 2024

Case Study

Case Study | November 2024
Denver Market | Top Ten Talking Points | Late November 2024
Denver Market | Top Ten Talking Points | November 2024

Case Study

Case Study | October 2024
Denver Market | Top Ten Talking Points | Late October 2024
Denver Market | Top Ten Talking Points | October 2024
Denver Market | Top Ten Talking Points | Mid August 2024
Denver Market | Top Ten Talking Points | August 2024
View All

Work With Us

Ready to turn your homeownership dreams into reality? Fantastic! Drop us a line below—because making magic happen is more fun when we do it together. Let's chat about your home aspirations and turn them into a blockbuster story. Ready, set, type away!

Book A Consultation
Get in Touch
Contact Details

Mckinze Casey

(720) 539-4547

[email protected]



100 St. Paul, Suite 200
Denver, CO 80206