December Market Stats

Along with the weather, the Denver real estate market cooled off slightly in December. The Denver Metro Association of Realtors’ latest market report noted, “December proved to be a great month for home buyers who were able to snatch up previously overpriced listings by making offers without competing offers, and without the same sense of urgency as in previous months.” The real estate market is highly seasonal, and this pattern is typical. Flexible buyers should take advantage of the holiday season lull! Comparing Denver nationally, December was the 10th consecutive month Denver led the country’s major metro areas for home appreciation.