Denver | October 4-10 | Top Ten Talking Points

Denver | October 4-10 | Top Ten Talking Points

Mckinze Casey Mckinze Casey

Mckinze Casey

Specializing in those moving to Denver with comprehensive relocation resources and services | Broker | Sotheby's International Realty

发布日期: 2023年10月13日
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  1. Currently, the months supply of inventory stands at 2.1 months.
  2. This presents an excellent opportunity for buyers to negotiate transactions as we head into the 4th quarter.
  3. For sellers however, strong initial strategy and price adjusting after 15 showings without an offer is essential.
  4. There was a week-over-week increase of 1.6% in new listings. In comparison to last year, new listings are up by 0.8%.
  5. Pending transactions have decreased by -7.0%.
  6. Of properties listed last week, the odds of selling within the next 30 days decreased by -4.5% to 41.9%.
  7. In comparison, October's average Odds of Selling from 2013-2019 was 49.4%.
  8. Last week averaged 1.6 shows per property.
  9. On average, it takes 15 showings to go under contract in a median of 19 days.
  10. The rate of price reductions increased to 49.6% of units going under contract, with a reduction size of -5.6% off the original price.

Derek Marlin

CEO at ELEVATION | Podcast Host of Raising The Flipping Bar

1 年

Excellent nuggets here!

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