When you think of Colorado in the spring, what springs to mind first? The great Colorado outdoors of course! The majestic Rocky Mountain peaks and the wonderful opportunities presented to hike, bike, boat, camp and explore!
That’s the Colorado spirit, heading into adventures, fearless and determined.
That strong Colorado spirit makes us hopeful for our future, and we see that hope expressing itself day after day as we continue to purchase homes where we can live out that future in the face of any and every hardship - just like the great pioneers who conquered the Rocky Mountains before roads were built and cities existed.
This is why, through the challenges of this past March, RE/MAX Alliance Associates continued to work with potential new homeowners to view so many of the 8,647 homes available for sale in the Colorado front range area. This is why our Associates were part of helping many of the 6,171 who closed on their dream home to overcome and get it done this past March. A strong hope and trust in the future, in our personal lives and the future of Colorado real estate is why, after an average of just 42 days on market, closings with average sale prices of $531,860 took place last month.
That strong belief in the dream of homeownership is why your local RE/MAX Alliance Associate is working in the marketplaces across the Front Range, listing that home you want to sell and virtually showing homes for sale to potential buyers.
This is why, with home prices that spiked an average of 6.5% upwards month over month, we still saw sales at the strongest levels since 2007.
While we are seeing a slight pause in the number of buyers entering the market, we can all be confident that once the restrictions of social-distancing are lifted, we will see demand for housing bounce right back.
With the columbine blossoms blanketing the mountainsides, expect to see a blooming of new buyers entering the real estate marketplace. We’ve seen some rise in the inventory levels, giving a reason for enthusiasm to those sellers and buyers who are active as we move into the spring selling season.
While we recognize there is no room for “business as usual”, your local RE/MAX Alliance REALTORS® are standing ready to assist in selling or purchasing a home. We are taking every necessary precaution to keep you safe, and are prepared to aggressively market your home for sale using the newest and latest technology. We’re ready to assist buyers in setting up virtual home tours and negotiating the sale in communities all around our great state, so at the end of the day everyone who desires it has a place to call home!