Denver Metro Needs Your House

Dated: 04/02/2015

Views: 468

1. There are currently 3,863 active listings for attached and detached units currently for sale in the 7 metro Denver countries, this is just inches above the record for the least amount of homes for sale. 

2. THe most number of active single family attached and detached units on the market was in june of 2006 with just under 32,000.

3. There were 3,631 homes placed under contract in Janurary of 2015, to creat a "balanced market" we would need to have 21,786 active units to offset the demand.

4. We only have 6.1% of the required inventory to support the amount of demand based on sold properties in Denver, or there is an 93.9% deficiency in the inventory.

5. At the current rate of demand, we will run out fo homes to sell in approximately 28 days if nothing new comes on the market.

6.Historically the least amount of new homes enter the market between December and February.

7.This Creates an environment where houses will sell at a PREMIUM price due to lack of inventory.


For  a FREE NO OBLIGATION HOME EVALUATION  call 303-981-2750 or email michael@exitrealtycherrycreek.com

Denver Colorado Realtor -Michael Steffen

Michael is a motivated realtor specializing with investors and new home buyers located in the following areas; DenverArvadaAuroraBennettByersCastle PinesCastle RockCentennialCherry Hills VillageColumbine ValleyDeer TrailDenverElbertEnglewoodFranktownGreenwood VillageHighlands RanchLarkspurLittletonLone TreeParkerSedaliaSheridanStrasburgWatkins, Wheat Ridge, Lakewood, Castle Rock, Thornton, Westminster, Evergreen, Golden. Michael Steffen uses advanced internet marketing to insure your property gets maximum exposure and holds a high value of ethics in his work to ensure the ideal scenario for everyone!   

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Michael Steffen

My name is Michael Ross Steffen. I’m an Exit Realty Cherry Creek Agent in the Denver metro area. I specialize in advanced marketing, buying, selling and investing for seasoned, as well as first time....

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