Market Update: November 2020

Colorado Real Estate Market: November 2020
It’s no surprise to see a dip in home sales around the holidays. The Colorado real estate market, like most industries, experiences seasonal trends and less people buying homes in November and December is one of those trends. Nevertheless, comparing year over year, home prices and sales surge to record-breaking highs. In addition, active inventory and interest rates remain low driving competition and activity in the Denver market.  In the end, it looks like its full speed ahead into 2021.
Looking to buy, sell or lease in the new year? Contact our team at Corken + Company.
Read the full report from Denver Metro Association of Realtors here.

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Rachel Sartin

Lori Corken