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Updated 12 months ago on . Most recent reply

Kenny Smith's profile image
Kenny Smith's profile image
Kenny Smith
  • Real Estate Agent
  • from Denver, CO
  • Member since Jan 31, 2022

User Stats

356
Posts
228
Votes
Kenny Smith's profile image
Kenny Smith's profile image
Kenny Smith
  • Real Estate Agent
  • from Denver, CO
  • Member since Jan 31, 2022
Kenny Smith
  • Real Estate Agent
  • Denver, CO
228
Votes |
356
Posts
Market Trends & Data

2024 by the Numbers....

Kenny Smith
  • Real Estate Agent
  • Denver, CO
Posted

šŸ” 2024 by the numbersā€¦.šŸ‘€

2024 was only slightly better (by 100 closings) than 2023.Either way, this year and last year were the lowest homes sold since 2012 in Denver metro. šŸ˜³

This is caused by a combination of buyers not being able to afford to buy with interest rates back up above 7%, and sellerā€™s not wanting to budge on their sale price...a standoff.

My guess is 2025 will likely be just like 2024 and 2023 if rates stay above 6%....

Denver, Colorado
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