|
denver shifts to a buyer's market become a prepared buyer / seller |
| |
|
|
|
|
|
after several years of fierce competition, metro denver has pivoted into a buyer’s market — according to denverite, about 4,000 sales were closed in may, even as nearly 7,300 new homes hit the market, according to the denver metro association of realtors. simultaneously, unsold listings in denver hit their highest levels in over a decade, with nearly 13,600 homes on the market.
what’s driving this shift? surge in listings: although we really do not know exactly why, many homeowners are entering the market, whether relocating, downsizing or reevaluating finances, causing inventory to soar. high borrowing costs: with mortgage rates hovering near 6.5 - 7%, many buyers are delaying or expanding their search. cooling price growth: the median home value in denver is holding at about $585,000–$590,000, only slightly tempered from its peak.
what this means for buyers? real negotiating power: nearly half the homes in denver now sell below or at listing price — buyers are in the driver’s seat. more choice + less pressure: with hundreds more listings than buyers, you potentially can afford to take a little more time to explore desired neighborhoods. incentives may emerge: the increase in inventory offers buyers more choices + potentially reduces intense bidding wars.
tips for denver buyers get pre-approved before you start touring: be ready to move when you find the right place. be strategic with offers: homes that have been on market for 30+ days — these often have room for negotiation. depending on the neighborhood, have that conversation with your agent. flex on timing: sellers listing in mid-to-end summertime may be more motivated to wrap up deals quickly to move on.
what about sellers? it’s a different ballgame... pricing accuracy is key: overpricing can lead to sitting unsold — aligning with current market comps is crucial. this is a market to be strategic + decide if you are willing to sit on the market longer than you usually would have with current conditions. presentation matters more: stand out with staging, which is probably where your home can make the difference in an offer versus your competition. buyers want a move-in ready home more than ever before. take professional photos + offer flexible showing schedules. consider being prepared: inspections will definitely be important + buyers will want the home to be in move-in condition. so why not get prepared ahead of the game?
bottom line denver’s market swing toward buyers doesn’t signal disaster — it signals opportunity. for buyers, it’s a chance to act strategically + confidently. for sellers, it’s a time to adjust, optimize + be proactive. those willing to adapt will thrive. |
|
|
|
|
|
|
|
| 🌿milda apothecary🌿
this month, i'm excited to feature milda apothecary—a beautiful, plant-based skincare line rooted in ancestral wisdom + deep herbal knowledge.
founded by analise stein, a certified clinical herbalist, nutritionist + flower essence practitioner, milda apothecary is inspired by milda, the lithuanian goddess of love + nature. her products honor this lineage—crafted with organic, wildcrafted + sustainably sourced herbs using a slow infusion process that extracts powerful, bio-active ingredients to support + transform the skin on a molecular level.
analise’s connection to herbalism runs deep. she spent her childhood summers on the baltic sea coast in lithuania, surrounded by four generations of women who used herbal remedies as part of daily life. she later formalized her training in colorado, blending science with tradition to create skincare that’s not only effective, but deeply intentional.
you can explore her offerings + learn more at mildaapothecary.com or at @milda_apothecary on instagram.
following + supporting small denver businesses like milda helps us stay connected to what matters—care, community + a little everyday magic ✨ |
|
|
|
|
|
|
|
| Cherry Blossom Festival 🌸 |
| fans of taiko drumming, teriyaki chicken, sake + japanese artwork + wares won't want to miss this year's cherry blossom festival - "sakura matsuri" in japanese. it's now going on 51 years.
click HERE for details! |
|
|
| | |
|
|
|
| | the celebration of community + culture that is welcoming, inclusive + fun for all attendees, regardless of sexual orientation or gender identity. there's also a parade + 5K.
click HERE for details! |
|
|
| | |
|
|
|
| Cherry Creek Arts Festival 🎨 |
| this major arts festival offers a perfect opportunity to find inspiration, connect with others through art + expand your worldview.
click HERE for details! |
|
|
| | |
|
|
|
|
thank you for reading + subscribing.
want to check in on your current real estate reality? |
| |
|
|
|
|
|
| | marilyn kal-hagan
broker associate M: 303.587.6720 marilyn.kalhagan@compass.com |
|
|
|
|
|
|
|
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. |
|
|
|
|
|
|
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/output=format:png,density:500,background:d1d3d4/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/15/f3cbfac9-7769-465b-9f75-f9c566d927bb/origin.png")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[10,0,449,580]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/15/3e845116-c4fc-42ac-b227-5cb16c34fecf/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,20,520,685]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/15/7606d32a-701a-4d83-9f0a-7f01b1d6a006/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[178,0,576,576]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/15/a196e482-1933-44b1-91a2-368b8ba6758b/origin.png")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[20,0,462,462]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/15/f1dd1da8-cc70-4076-acf5-4ea8815ab5e6/origin.png")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[62,0,573,573]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/15/763fedd9-1e18-4cc1-9dc7-421989bd8f74/origin.png")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,28,2030,2030]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://cdn.filestackcontent.com/fYfAJBhbSURL4U9CPOCi")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/output=format:png,density:500,background:d1d3d4/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/ucfe-assets/mc-assets/3/Compass_Logo_H_K.svg"){kind=logo}