What will the winter and holiday season mean for home sales in the Denver real estate market?
The Denver real estate market traditionally starts to move into a more seasonal slowdown this time of year. With this slowdown fewer buyers in the market are purchasing homes and the number of homes selling starts decreasing. Of course the question is will we see that slowdown occur this year in the Denver real estate market.
The Denver real estate market continues to experience low inventory levels while the housing prices remain strong. This phenomena can be discouraging to the home buyer who is in the market for that new house. Because of this the buyer may give up their search. They may chose to just remain in their current house or rental home for now.
Sellers may be concerned with how big of an impact these seasonal trends will have on the price of their homes. And many sellers will just wait out the winter months. They’re hoping that they will see average sales prices driven up in the spring and summer.
Because of fluctuating inventory levels, increasing housing prices and overall general market conditions it is always best to consult with an expert in the real estate business. Marilyn Van Steenberg and team from Buyer’s Best Choice are in a great position to meet with you today. They can assess your needs and provide real estate advice on options that are available to both buyers/sellers. Today’s real estate market is complex and Buyer’s Best Choice can provide you a realistic guide on when to buy or sell your home. Please contact the team at 303 947-6252 to learn more about the options available and the value of your home in the current market.