Denvers Hottest Markets And Why You Should Buy Now

Dated: 08/21/2015

Views: 688

How hot is the real estate market in the Denver area these days?

So steamy that buyers are routinely writing offers above the asking price, and often way above it. According to theDenver Metro Association of Realtors, offers of rom $10,000 to $50,000 over list are far from uncommon.

"Buyers run from listing to listing, trying to avoid being eaten by the competition," the DMAR notes. "It’s certainly a challenging task since buyers must also avoid being trapped in a corner where they feel desperate to write offers well above list price, or opt to waive inspection and appraisal contingencies in order to compete."

The result is likely to be the "rapid appreciation of metro Denver housing prices."

Facts and figures backing up these assertions can be found in the April 2015 Denver Metro Real Estate Market Trend Report, which also lists the number of single-family homes and condos sold in eleven metro-area counties during the first three months of this year.

Where is the demand highest? Find out in the photo-illustrated county countdown below, followed by the trend report, which features scads of additional information for anyone thinking about buying a home.

Gilpin County.

Gilpin County. YouTube

Number 11: Gilpin County
Single Family: 14
Condo: 1
Residential: 15

Clear Creek County.

Clear Creek County. YouTube file photo

Number 10: Clear Creek County
Single Family: 34
Condo: 4
Residential: 38


Denver Area's Hottest Housing Markets & Why So Many Offers Are Way Above List

YouTube file photo

Number 9: Park County
Single Family: 77
Residential: 78

Denver Area's Hottest Housing Markets & Why So Many Offers Are Way Above List

YouTube

Number 8: Elbert County
Single Family: 92
Residential: 93

Broomfield County.

Broomfield County. YouTube

Number 7: Broomfield County
Single Family: 133
Condo: 39
Residential: 172

Boulder County.

Boulder County. YouTube file photo

Number 6: Boulder County
Single Family: 202
Condo: 61
Residential: 263

Douglas County.

Douglas County. YouTube file photo

Number 5: Douglas County
Single Family: 1,112
Condo: 203
Residential: 1,315

Adams County.

Adams County. YouTube file photo

Number 4: Adams County
Single Family: 1,064
Condo: 254
Residential: 1,318

Jefferson County.

Jefferson County. YouTube file photo

Number 3: Jefferson County
Single Family: 1,307
Condo: 431
Residential: 1,738

Arapahoe County.

Arapahoe County. YouTube

Number 2: Arapahoe County
Single Family: 1,331
Condo: 736
Residential: 2,067

Denver County.

Denver County. YouTube file photo

Number 1: Denver County
Single Family: 1,401
Condo: 1,029
Residential: 2,430


If you are looking for a home in these areas feel free to contact me for all the current listings! The good ones go so fast!  If you Own a home in these areas I would be happy to do a no obligation Market Analysis and show you what your home would be able to sell for with the current market conditions!



Denver Colorado Real Estate Professional
 -Michael Steffen

Michael is a motivated realtor specializing with investors and new home buyers located in the following areas; DenverArvada,Aurora and surrounding areas. 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! For help with buying or selling a property call 303-981-2750!

Blog author image

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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