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Roberta Murp…, Real Estate Pro in San Diego, CA

Do you expect the Denver real estate market to strengthen this summer?

Asked by Roberta Murphy CRS, GRI, San Diego, CA Tue May 22, 2007

This is usually the busiest time for real estate sales. How is Denver faring?

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Denver's real estate market is not in as bad a condition as many around the nation. Our days on market is (of April '07) is 109 days. The interesting part of our stats is the fact 20% of our inventory sells within the first 30 days. Builder starts are down, a typical reaction to a slow market. So probably not this summer but certainly by next summer our market will feel the changes. We may even end up in a seller's market if the inventory continues to get sold.
Web Reference: http://thedenver.blogs.com
2 votes Thank Flag Link Wed May 23, 2007
Thanks, Kristal! One of our agents moved to Denver a year or so ago, just after our San Diego real estate market had peaked. I hope she is doing well with her Denver real estate investment.
1 vote Thank Flag Link Wed May 23, 2007
Roberta Murp…, Real Estate Pro in San Diego, CA
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