Competition for homes is fierce right now. If you’re going to buy a home soon, you may have to compromise on something. Generally, buyers can compromise on:
- Price – You can pay more than you hope to pay
- Location – You can choose a home in a different part of town
- Condition – You can make an offer on a home that needs more work than you’d like
- Size or Features – You can purchase a smaller home or one that doesn’t have some of the features you want. Perhaps the view isn’t what you had in mind, there’s a two-car garage rather than a three-car garage, or the yard is smaller than you wanted, for example.
Many of our buyer clients start with a fixed idea of where they want to live and expand their search as time goes on.
Let’s take a look at some popular areas within Metro Denver to get a sense of how changing where you’re looking for a home can change what you spend and what you get.
Averages for homes that closed in the last 30 days:
Reunion, Commerce City
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Highlands Ranch
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Ready to make your move? Give us a call. We’ll help you get started. Reach David and Tom at 720-782-2468.
Metro Denver Real Estate Market Activity
[one-half-first]During the last week:
New Listings – 773
Back On Market – 115
Price Increase – 202
Price Decrease – 129
Pending – 1305
Withdrawn – 51
Closed – 841
Expired – 74[/one-half-first][one-half]Previous Week:
New Listings – 734
Back On Market – 99
Price Increase – 202
Price Decrease – 118
Pending – 1292
Withdrawn – 55
Closed – 1014
Expired – 134
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Based on data from REColorado®[/one-half]
[clear-line]
Trends in Metro Denver
- Home Prices
- How Long It Takes to Sell a Home
- Prices Per Square Foot
- Showings Until Pending
- Active Listings
- New Listings
- Closings
Real Estate News
Mortgage rates jump to 3.69% as economy normalizes
Homes are selling faster than ever before
Soaring rent prices make it even more difficult to save for a house