April is typically prime time for real estate, the spring market is in full swing with fresh new listings and buyers are out in full force. That was not the case this April as Metro Denver’s housing market saw a major decline with home showings dropping to a record low mid-April due to the Stay-at-Home order. Many sellers decided to wait out the crisis as there were only 4,679 new listings on the market, down 37.82 percent compared to April of 2019.
Denver Metro Market Trends Infographic
January 2017 Market Insight
Change is not sudden so much as it is always subtly occuring!
So we take a quick peek backwards during January to get a feel for what we think may be coming. A real estate market goes through subtle changes almost daily, and about once every six months those changes are clearly felt. Meanwhile, change continues, whether we stop to notice or not.