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Today I wanted to give you a snapshot of the past twenty eight days and what the market has done in the first month of 2014. There have been a lot of national projections for 2014, but I wanted to give you more of a local view of what we’re seeing. Last year was great; we finally left the recession by entering into a strong seller’s market. Homes were selling for asking price and even above asking price and the days on market decreased to less than thirty days!
This year is continuing the trend; currently there have been 1,600 homes sold in last thirty days in the greater Denver metropolitan area. That is a differential of 2,200 homes that sold in the first month of 2013. Although few homes have sold this year, our market still continues to improve! To keep you up to date on the current state of the market, I will be updating you month in and month out. I hope I was able to paint a picture for the first thirty days of 2014!
If you have any questions, feel free to reach out to us at the Anderson Group. I look forward to our call being the best call of your day!
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