“The number of unsold homes in metro Denver last month fell to just 8,041, which stands out as a record low for any October”, says the Denver Business Journal.
Walters and Company is offering a listing special from November 2014 through March 2015 to encourage people to get their homes on the Market. The Denver housing Market needs listings to accommodate the many Resdential Buyers and Investors that all local Realtor’s have in large numbers.
Inside Real Estate News examined Metrolist data going back to 1985, and last month was the first time the number of unsold homes during any October fell below 9,000. The previous low for the month was 9,643, in October 1992.
During October 2013, there were 10,376 homes for sale in metro Denver, or 25.5 percent more than were available last month. We are watching inventories closely, so these statistics are not surprising, but still frustrating for our Buyers.
If you are thinking of selling your home over the next 6 months we hope you will keep us in mind! We are happy to sit down with anyone thinking about a change in their Real Estate Horizon! There are so many opportunities in a market like this…..let us show you what you can do!