Denver's Real Estate Rhythm: Breaking the Seasonal Mold
Denver's Real Estate Rhythm: Breaking the Seasonal Mold
Intro: Denver rockstars, it's time for a real estate reality check! 🎸🏡 Wondering what's shaking in the housing market? Whether you’re eyeing a new pad or selling your current one, keep your amps tuned to the number of homes hitting the stage.
The Usual Beat: Seasonality in Real Estate Normally, real estate’s got its own rhythm – spring’s the headliner for home listings. It’s when most folks put their homes up for sale, and buyers come out in droves. But as the year rolls on, this beat usually slows down.
Check out this chart from Realtor.com that lays down the visual tracks (see graph below):
Here’s what’s blasting through the speakers:
- 2017-2019 (Blue and Gray Lines): These were the greatest hits. The trends were like clockwork – predictable, steady, the kind of stuff you could groove to.
- 2020 Onward (Orange, Green, Red Lines): Then came the remix nobody asked for. 2020 hit a sour note – thank you, pandemic – and 2021 and 2022 tried to find their groove back but still had their own quirks.
- 2023 (Black Line): Now, this is where it gets interesting. This year’s doing its own solo – breaking away from the usual seasonal drop. If it were playing by the old rules, it’d look more like the dotted black line. But no, it's keeping the listings coming – more than last year, even.
What’s This Mean for Denver’s Home Buyers and Sellers?
- Buyers: More consistent new listings? That’s music to your ears. It means you’ve got a wider setlist of homes to choose from than you would’ve last year. More options, more chances to find that dream home.
- Sellers: Even though we’re offbeat with the usual seasonality, inventory’s not hitting high notes like pre-pandemic days. Your home’s got less competition, making it more likely to be the star of the show for buyers.
Bottom Line: Time to Jam on Real Estate Whether you’re hunting for a new place or selling, the Denver market’s playing a tune that might just suit your rhythm. Got questions or looking to dive into the market? Let's connect and find the perfect beat for your real estate goals. Call me 720-650-7794
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