A Colossal Wave of Activity

Wow…our market is bucking at the trends we experienced during the 2008 recession. While COVID-19 cases grew and the economy paused, our area’s buyers and sellers were determined to meet their needs and goals.

After the delays this spring, we had a record-breaking July:

SOLD HOMES: We had more closings than any other month 2020 and any previous July!

SOLD PRICE: Buyers’ demands + lack of listings triggered the average single-family home price to go up by 7.7% ($601,863 – incredible)!

UNDER CONTRACTS: Buyers and sellers were only slightly slowed down by the lighter inventory. We had 27% more homes go under contract than this time last year. So August will be another big month for closings.

Understandably, the increased prices may alarm people wanting to purchase for the first time or upgrade to another home. But remember our interest rates are at historical lows, which could make buying now more affordable than in 2019. We’d love to help you take advantage of the opportunity.

Homeowners, the market is in your favor if you want to sell. With property values at an all-time high, you have a lot of negotiating power and can receive an excellent return. We’ll help you through the process (a safe strategy for showings, managing bidding wars, and negotiations).

Text or call us: Melodee (303) 868-3097, Dianne (303) 249-7415.