October 2024 Denver Metro Real Estate Update: Market Shifts & Buyer Insights"Description:
The latest Denver Metro real estate market update as of October 2024. This month has been a dynamic one, with shifting interest rates and changing market conditions influencing both buyers and sellers.
📊 October Market Highlights:
Interest Rate Fluctuations: After dipping to a 19-month low, interest rates rose past 7%, impacting buyer activity as we approached the election.
Sales Trends: Closed home sales increased by 2.35% to 3,443, reflecting a rise in activity with homes going pending in September.
Market Activity: Sales volume saw a 7.4% increase, indicating a boost in transactions despite fluctuating conditions.
Listing Dynamics: Active listings slightly decreased by 1.57% to 10,940, still up 46.22% year-over-year. New listings dropped by 7.16% as sellers awaited post-election stability.
Median Days on Market: Slight increase to 26 days, suggesting a slower pace in transactions.
🏠 Segment-Specific Insights:
Detached Homes: A slight decrease in listings but an increase in closed sales, with the average close price reaching $778,443.
Attached Homes: Active listings edged up, while sales declined, affected by rising HOA fees and insurance costs.
🔄 Navigating the Market: This transitioning market requires careful timing and patience. Sellers might face longer selling periods, while buyers could enjoy more room to negotiate. Whether you're looking to buy or sell, understanding the current market dynamics is crucial.
👥 Need Personal Advice?: Navigating the real estate market can be complex, but you don’t have to do it alone. If you have questions or need guidance tailored to your specific needs, reach out to LaDawn Sperling for expert advice.
📢 Stay Updated: For more insights and updates on the Denver Metro real estate market, subscribe to our channel and hit the bell icon to get notified about new market updates. Share this video with anyone who might benefit from current real estate insights!
Are you thinking about buying or selling real estate? Let's connect.
CONTACT ME TODAY ►
LaDawn Sperling | REALTOR®
Coldwell Banker Realty
📲 303.710.5817
💻 ladawn.sperling@cbrealty.com
VISIT MY WEBSITE ►
https://ladawnsperling.com/
FIND ME ON SOCIAL MEDIA ►
https://www.facebook.com/LaDawnSperlingRE
https://www.instagram.com/ladawnsperlingrealtor/
Видео October 2024 Denver Metro Real Estate Update: Market Shifts & Buyer Insights"Description: канала LaDawn Sperling, Denver Real Estate
📊 October Market Highlights:
Interest Rate Fluctuations: After dipping to a 19-month low, interest rates rose past 7%, impacting buyer activity as we approached the election.
Sales Trends: Closed home sales increased by 2.35% to 3,443, reflecting a rise in activity with homes going pending in September.
Market Activity: Sales volume saw a 7.4% increase, indicating a boost in transactions despite fluctuating conditions.
Listing Dynamics: Active listings slightly decreased by 1.57% to 10,940, still up 46.22% year-over-year. New listings dropped by 7.16% as sellers awaited post-election stability.
Median Days on Market: Slight increase to 26 days, suggesting a slower pace in transactions.
🏠 Segment-Specific Insights:
Detached Homes: A slight decrease in listings but an increase in closed sales, with the average close price reaching $778,443.
Attached Homes: Active listings edged up, while sales declined, affected by rising HOA fees and insurance costs.
🔄 Navigating the Market: This transitioning market requires careful timing and patience. Sellers might face longer selling periods, while buyers could enjoy more room to negotiate. Whether you're looking to buy or sell, understanding the current market dynamics is crucial.
👥 Need Personal Advice?: Navigating the real estate market can be complex, but you don’t have to do it alone. If you have questions or need guidance tailored to your specific needs, reach out to LaDawn Sperling for expert advice.
📢 Stay Updated: For more insights and updates on the Denver Metro real estate market, subscribe to our channel and hit the bell icon to get notified about new market updates. Share this video with anyone who might benefit from current real estate insights!
Are you thinking about buying or selling real estate? Let's connect.
CONTACT ME TODAY ►
LaDawn Sperling | REALTOR®
Coldwell Banker Realty
📲 303.710.5817
💻 ladawn.sperling@cbrealty.com
VISIT MY WEBSITE ►
https://ladawnsperling.com/
FIND ME ON SOCIAL MEDIA ►
https://www.facebook.com/LaDawnSperlingRE
https://www.instagram.com/ladawnsperlingrealtor/
Видео October 2024 Denver Metro Real Estate Update: Market Shifts & Buyer Insights"Description: канала LaDawn Sperling, Denver Real Estate
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16 ноября 2024 г. 0:06:32
00:02:37
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