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Not just a month of blooming flowers and green growth, but a season of opportunities in the real estate market. With a fresh perspective and renewed energy, get ready to MARCH into a world of possibilities that await you. |
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According to DMAR's March Market Trends Report, today Denver's YTD median home price is up 4% from where it was exactly one year ago despite the increase in interest rates. The US News and World Report published its Hottest U.S. Housing Markets report and crowned Denver Metro as the hottest and most robust real estate market in the United States based on its index and measure of demand, supply and financial health. Strong demand on limited supply typically offsets rules of affordability by driving the home prices up despite the higher mortgage interest rates. Denver Metro saw a strong 2% increase on our month-over-month in February on our median priced home putting our prices 49% higher than the national average. While we are receiving a lot of positive data and momentum, buyers should look at this as an opportunity to get into the Denver market. Now is the window to buy despite higher rates as Denver is back to pre-pandemic levels. As a prospective buyer, I'd be looking at a 98% close to list, 2 months of inventory, and 47 average days on market as an opportunity. While we are still seeing multiple offer situations, there are still deals to uncover in this market. |
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| | Younger Buyers Want Baby Boomers to Update Their Homes |
| Millennials are worried they'll inherit properties in need of major renovations and repairs, which could further hamper affordability, a new survey shows. |
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| | The Denver St Patrick’s Day Parade Committee is a not-for profit organization made up of over 300 volunteers. We have been running the Denver St. Patrick’s Day Parade since 1962.
Click HERE for details! |
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| | Free Day at the Denver Art Museum |
| Engage with art, explore onsite activities, and experience exhibitions on view all while enjoying free general admission!
Click HERE for details! |
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| | | | 4 BD 4 BA 4490 SF $2,725,000 |
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| | 1860 North Washington Street, Unit 607 |
| 3 BD 2 BA 1254 SF $445,000 |
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| | | | | 5 BD 5 BA 3656 SF $949,000 |
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| | | 2306 South Columbine Street |
| 6 BD 5 BA 5134 SF $2,749,000 |
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| | | | | 3 BD 5 BA 3274 SF $1,295,000 |
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| | | 4 BD 2 BA 2281 SF $860,000 |
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| | | | | 4 BD 3 BA 2496 SF $665,000 |
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| 1260 South Sherman Street |
| 5 BD 5 BA 3956 SF $2,375,000 |
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| | | 4 BD 4 BA 2987 SF $1,250,000 |
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| | | | 2306 South Columbine Street |
| 6 BD 5 BA 5134 SF $2,749,000 |
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| | | 2012 South Holly Street, Unit 5 |
| 3 BD 4 BA 1799 SF $679,990 |
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| | | | | 4 BD 4.5 BA 3,059 SF $966,294 |
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| Learn how to buy a home in our next home buying 101 class or request a private 1 on 1 session. |
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Thanks for reading and subscribing! Ready to achieve your next real estate goal? |
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Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. |
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