Ask any real estate agent in the Denver Foothills and they will tell you the same thing, it has been a crazy couple years but things seem to be calming a bit. There has even been some chatter about a buyers market. Those two words have not been put together in the the Denver and foothills area in few years.

 

 

Looking above at the number of active listings, you would think the sellers still have control. Well the homes are selling as fast as they are coming on the market. The last couple weeks we have seen some net positive gains in inventory but nothing huge. This is also a somewhat seasonal trend downward as well. A lot of Realtors in Evergreen and the Denver area like to say we don’t really have seasonal trends but the numbers indicate a different story. Behind the actual data, the stuff they don;t really put into charts, such as multiple offers or crazy seller contingencies. Those of us real estate brokers here on the ground know things are shifting to favor the buyer more. Again it is too early to really say it is buyers market, After all buyers and sellers need to kind of agree that market is shifting. Sellers are really trying to hold onto control. There are still some sellers that believe it is a sellers market. Putting their home on the market way over priced, setting up unreasonable showing windows and not budging off their price on an offer.

 

Looking at the DOM and sale price chart to the left we are seeing a pretty steady hold on the average sale price in Evergreen, Conifer, Morrison and Golden. The blue bar represent the actual closed price. We have had a few dips under $600,000 but for the most part staying steady and seem to be holding value. Even through the winter months. We have seen (not shown on the chart) the Denver home values contract for the first time in years last quarter. The green line on the chart represents days on market as an average. You can see it climb pretty steadily from August to January. Not sure the huge dip February there is really no reason for that and as a whole the market did not feel a surge that represents. I think there was not enough data to pull for our partial month to give a data point. Average days on market is one of the best indicators for how a market is doing and a precursor to the direction of the market and direction that value might be heading. We still have a healthy DOM average for most of the area. 

Start of list of properties

New – today
0
966 Dogwood Drive
Golden, CO 80401
$1.25m
For Sale
6
Beds
3
Baths
3,913
square feet,
Are you looking for mountain living with the convenience of an easy commute to the city? This is the one! Gorgeous Genesee home wi… (more)
# 8542654
Brokers Guild Real Estate
$1,250,000
For Sale
Residential
0 days on this site
New – today
0
1201 Jackson Street
Denver, CO 80206
$949,900
For Sale
3
Beds
3
Baths
1,800
square feet,
Fully permitted congress park bungalow with vaulted ceilings ready for its new owner. This Beautiful home boasts an open layout wi… (more)
# 4966227
Keller Williams Realty Downtown LLC
$949,900
For Sale
Residential
0 days on this site
New – today
14
4015 E 18th Avenue
Denver, CO 80220
$2m
For Sale
6
Beds
6
Baths
5,050
square feet,
Short commute, more enjoyment. Enviable views! Brand new beautiful architecture this 6-bedroom, 6-bathroom is a remarkable charm… (more)
# 6390325
Compass – Denver
$1,999,900
For Sale
Residential
0 days on this site
New – today
0
1002 Xenon Street
Golden, CO 80401
$700,000
For Sale
4
Beds
3
Baths
2,112
square feet,
2/1 Buydown offered! Don’t miss this opportunity to own a LEED GOLD Certified home in beautiful Golden, CO. This home was built … (more)
# 3469870
Redt LLC
$700,000
For Sale
Residential
0 days on this site
New – today
27
4922 Lowell Boulevard, #4
Denver, CO 80221
$725,000
For Sale
2
Beds
4
Baths
1,407
square feet,
This contemporary and elegant townhouse has the feel of a brand new build, without all the headaches of dealing with a new build!… (more)
# 5530650
Your Castle Real Estate Inc
$725,000
For Sale
Residential
0 days on this site
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