Spring Fever: Denver Market Remains Hot

May 14, 2013

April proved Denver’s home resale market remains strong. More homes are selling and selling faster than a year ago because there is far more demand than there is supply.

Kirby Slunaker, Metrolist’s new CEO and president, agrees that there’s no question the Denver market remains hot, saying, “The numbers we’re seeing are aligning with the stories we are hearing from Realtors who are on the front lines. Homes are flying off the market, and in many circumstances, buyers are prepared to go above and beyond asking prices in order to secure a home.”

Here are some encouraging statistics from agents across the nation. The latest Redfin Real-Time Agent Survey was taken between March 27 and March 29, and the graph below compares last year’s market with this year’s. Respondents spanned 21 metropolitan markets in the U.S., Denver included.

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Redfin-Agent-Survey_2013-Q1_ChallengesSeller

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