September’s Denver Real Estate Market

A Shift In the Right Direction!

When school went back into session, so did our market! We had a boost in listings last month, much to the delight of buyers who’ve been on the hunt. That shift eased the competition a little bit (stats provided by DMAR):

  • 11% more homes on the market than in August
  • Homes took 18% more time to go under contract in September
  • Average sales price remained steady

Yes, sellers, it is still a “scorching” market. With less inventory, the demand remains high. Now is still an excellent time to strategize your home sale.

Buyers, the odds of purchasing are still a little more in your favor than they were a few months ago. And as we approach winter, there’s likely to be even less competition.

denver real estate

Please reach out with any real estate questions:

720-738-1080
michelle.oddo@goluminate.com

#oddogroup

Sources: Denver Metro Realtor Association and Megan Aller with First American Title