June 2022 Real Estate Market Stats

July 15, 2022

June 2022 Stats

The statistics are a comparison of June 2021 and June 2022.

The chart below indicates:

Home sales are DOWN 20% from last year at this time.

The average sold price for a single family home INCREASED 13%

The average days on market is INCREASED to 5 Days.

The amount of available inventory is at  5 weeks / up from 2 weeks.

 

June 2022 Denver Metro


Watch the video Below

http://https://youtu.be/psdlq3kVmUY


Bottom Line
With the inventory  at 5 WEEKs.  The market is seeing more listings.  This is creating more buyer inventory.

As a Buyer:::

The increase in inventory is good.  It creates more opportunity and for a well qualified Buyer it creates more options and buying power.

***Right now is the best time to buy in the last 2 years.  Increase in inventory.  Less Buyers on the market. Sellers are more open to negotiate and we are seeing an increase in seller incentives.  Such as:  Interest Rate buy downs,  closing costs being paid in full or partial.

The value of homes continue to go up!! with the 13% increase in prices  Look at this way.   You can always refinance when rates drop.

Even if the home isn’t the perfect home, Buy and in a couple of years you would have generated enough equity to buy the perfect home.

Nobody got wealthy without owning real estate.  It is a huge part of everyone’s financial success.

Treat your home for what it is.  An Asset that is a tool to create Wealth, Freedom and a Better Life!

DON’T GIVE UP!!

Lets talk and put together a game plan!!   LET ME HELP YOU!!

The LONG TERM FINACNIAL REWARD IS WELL WORTH IT!!!

CALL ME! **** 720-676-9484****

As a Seller:::

If you are looking to SELL!!  We definitely need to talk, ASAP!!!

It is still a sellers market!

The market has shifted but there are still plenty of Qualified Buyers looking to buy your home.

Call me Today!! 720-676-9484