Market Update: June 2020

It seems we may be experiencing the seasonal Spring real estate market a little later this year due to COVID restrictions. Since many especially stringent restrictions have been recently lifted including open houses (however they are still heavily regulated), there has been a surge of new listings to the market. We are seeing increased demand, relatively low supply despite the new listing surge, record-low mortgage rates, and increasing home prices. While certain sectors of the real estate market are being affected differently than others, generally we are experiencing a fast-paced, robust, seller’s market. Now is still a great time to list. Learn more about what may be the best option for you in the market by contacting Corken +Company here. 

 

Read the full market update from the Denver Metro Association of Realtors at

https://www.dmarealtors.com/dmar-real-estate-market-trends-report-jul-20

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