The Abell To Sell Team - Compass Colorado

At Home With Abell To Sell | Volume 3 | Series 3

At Home With Abell To Sell | Volume 2 | Series 3


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.

March Market Update

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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.

Market Stats

Real Estate in the News

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.

Local Happenings

SATURDAY MARCH 16TH

St. Patrick's Day Parade

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!

SUNDAY MARCH 24TH

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!

Our Featured Listing

Washington Park

534 South Gilpin Street

4 BD 4 BA 4490 SF $2,725,000

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Active Listings

North Capitol Hill

1860 North Washington Street, Unit 607

3 BD 2 BA 1254 SF $445,000

Listing Neighborhood

35805 Elkridge Run

5 BD 5 BA 3656 SF $949,000

Under Contracts

Iliffs University

2306 South Columbine Street

6 BD 5 BA 5134 SF $2,749,000

LoHi

3723 Lipan Street

3 BD 5 BA 3274 SF $1,295,000

Hale

1201 Fairfax Street

4 BD 2 BA 2281 SF $860,000

Carmody

2340 South Garland Court

4 BD 3 BA 2496 SF $665,000

Solds

Platt Park

1260 South Sherman Street

5 BD 5 BA 3956 SF $2,375,000

Washington Park West

747 South Emerson Street

4 BD 4 BA 2987 SF $1,250,000

Iliffs University

2306 South Columbine Street

6 BD 5 BA 5134 SF $2,749,000

Virginia Village

2012 South Holly Street, Unit 5

3 BD 4 BA 1799 SF $679,990

Central Park

6202 Galena Street

4 BD 4.5 BA 3,059 SF $966,294

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Thanks for reading and subscribing! Ready to achieve your next real estate goal?

Abell to Sell


M: 720.883.5785

[email protected]

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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