Denver Real Estate – June Market Overview
June proved to be another strong month for the market but Coronavirus is still effecting year over year numbers. Low inventory is keeping closed prices 2% higher at $559,290 over June 2019 and that likely will continue as new listings on the market are down 9% over that same period.
Prices
The good news in these numbers is that June saw the largest increase in new listings on the market for the year so far. A sign that seller sentiment may be growing with agents that can prove expertise in digital marketing techniques and buyers adapting to the new buying experience.
Homes Closed
Interested in seeing what your home is worth or what new homes have come to the market? Anne Collins and her team pride themselves on staying up-to-date with market trends and are always happy to work with buyers and sellers to create a strategic plan to reach your goals.