Q2 2024 - Denver real-estate report
With the second half of 2024 well underway, a palpable shift can be felt across the Colorado real estate market. Although the spring market frenzy has subsided, we continue to experience a steady pace of sales in our summer market.
Increased inventory has afforded buyers a wider variety of dream homes. The time that properties spent on the market decreased across all price points from the previous quarter, holding true to the seasonal trend of increased activity throughout the summer months. Throughout the competitive past quarter, milehimodern brokers led their clients to success through a human-centered approach informed by transactional savviness, creative negotiation and deep market insight.
As the real estate market continues to evolve, we are excited to present the latest edition of the mhm Quarterly Market Report. This resource aims to provide our clients with valuable insights into trends and seasonality, empowering them to make informed decisions and achieve their 2024 real estate goals.
According to U.S. News & World Report, mortgage rates are expected to decline slightly in the second half of 2024, which may affect the already competitive late summer and early autumn markets. Prior to fall, buyers and sellers alike should reassess their strategies with a skilled real estate professional to better stand out in the marketplace. milehimodern brokers are committed to client success, navigating the market with purpose and poise. We are grateful to serve our communities and look forward to another active season.
Thank you for allowing us to serve you!
To discover our previous marketing reports, visit our Quarterly Market Report page.
Interested in learning more about the Real estate in Parker, CO. and the surrounding communities? Contact Matt or Tina today. Our years of expertise and dedication working in the Denver & Douglas County neighborhoods will help ease the process of finding the perfect piece of Douglas County Real-estate or luxury real estate in Denver's competitive real estate market!
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