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Denver MLS Market Update

Denver, CO

Last Post by Orson Hill Realty 3 years ago

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Orson Hill Realty

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Feb 06, 2021 3:02 am

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Real Estate Agent Market Update Feb 2021

Number of Active Listings

Evergreen, Golden, Morrison, Denver, Lakewood and Denver Foothills

I have been a real estate agent for a decade. Involved in the overall real estate industry for 2 decades. There has never been a market or time like I have seen the last 2 years in Denver and the Denver Foothills. As a real estate agent I find these times rather unprecedented. I have never seen inventory so low. Almost every home that is for sale in every market is having back to back showing. Almost every home in every price point is getting multiple offers. Real estate agents in Evergreen are seeing some of the most competitive and crazy times in their career. I know I am.

IF you look at the chart on the right you will see a staggering tale of the real estate market. This chart is showing number of active listings of the last 2 years on the entire Denver MLS. We are about 25% of the peak number of listings. We are at about 33% of this time last year. As a real estate agent this makes me feel for the buyers. This kind of market makes most Realtors uncomfortable. Buyers are taking risks they should not need to in order to win the offer.

https://orsonhillrealty.com/real-estate-agent-market-update-feb-2021/

https://youtu.be/3A7HB5KePZo

This topic was modified 3 years ago by Orson Hill Realty

Orson Hill Realty
30792 Southview Drive #110
Evergreen, CO 80439
303-835-9895

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