There is currently a 30 percent shortage of housing inventory in Denver, and what was once a buyer’s market has turned into a seller’s market. If you are think about selling your Denver home this fall, the time to do so is now.
As I previously reported, Denver is at the top of the list for median age of inventory – 32 days for July 2011 – and is one of many Colorado communities that is experiencing low housing inventory. As a result of there being more buyers than sellers, Denver’s real estate market has turned into a seller’s market.
What does that mean for someone who lists their Denver home for sale this Fall? Sellers will receive multiple bids on a well-presented and -priced home, which will drive up its price and allow you to sell it quickly. This is a win-win situation for anyone that is on the fence about listing their home for sale.
If you are thinking about listing your Denver home for sale, give me a call at 888-860-1931. I can tell you why Fall is the best time to list your home this year and the benefits of selling when housing inventory is low.
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