October 2022 Market Stats

March 7, 2023

October 2022 Stats

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

The chart below indicates:

Home sales are DOWN 23% from last year at this time.

The average sold price for a single family home INCREASED 9%

The average days on market has INCREASED to 12 Days.

The amount of available inventory is at  8 weeks / up from 3 weeks.


 

Thomas Tucker Greenwood Village Co September 2022

Watch the video Below

Video of statistics


Bottom Line
With the inventory  at 8 WEEKs.  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.

The value of homes continue to go up!!

You can always refinance when rates drop.

Even if the home isn’t the perfect home, Buy and in a few 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