The November 2022 Colorado market stats are out, and we’re breaking down the data and analyzing the trends. It looks like seasonality is finally back in both Denver and Colorado Springs, with month over month sales and inventory down but higher than this time last year. It’s still a seller’s market, but buyers have the ability to ask for concessions that would have been unheard of in the past couple of years.
A lot of people are waiting to see what the market and interest rates will do over the next couple of months. This means it’s a great time to optimize your portfolio in non-transactional ways to be ready to act next year.
To hear the full discussion with Envision Advisors agents Jenny Bayless, Preston Newberry, and me, listen to the podcast or watch the YouTube video.
Note: The above Executive Summary is from Lon Welsh of Your Castle Real Estate.
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