Buyers weren’t shy to pursue their New Year’s resolution of homeownership. And sellers who took advantage of our white-hot market got historic-high returns. As interest rates and inventory remained low, the frenzy of activity is similar to our traditional springtime market. So naturally, we broke more real estate records (source: DMAR’s monthly report):
– At closing, detached properties averaged $629,159. Attached properties went for $397,792 (a combination of $550k).
– Homes lasted about five days on the market (last year at this time, it was 24 days…WOW).
As vaccinations are underway and we look to a year of more possibilities and opportunities, how do you envision your next chapter? A larger space for you and your loved ones? Perhaps a total change of scenery…a life in the mountains? Or maybe earning passive income by owning a rental property?
Whatever you want for your next chapter, I’d love to help you prepare so you can succeed at the right moment. Every day in our market, buyers and sellers meet their goals because they’ve got an excellent strategy and professional team helping them effectively navigate the process. Let’s connect if you have questions about your options. Melodee (303) 868-3097, Dianne (303) 249-7415.
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