Last month, real estate in Denver followed the pattern of typical seasonal slowing. While there was a bump in activity after Labor Day weekend, the number of pending and closed homes decreased month-over-month while active listings (homes still available for sale) increased by 9.4%
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July real estate in the city of Boulder reflected what's typically a slower season for buying and selling. Fewer new listings came on the market and the month ended with inventory remaining relatively flat month-over-month. However, the number of home sales increased while prices decreased, possibly indicating that sellers were motivated to sell.
As the warmth of summer gives way to the crispness of fall, there are easy steps you can take to maintain your yard's curb appeal. Transitioning your exterior spaces from summer to fall not only enhances their beauty but also prepares your home for the upcoming winter.
With summer vacations in full swing and high interest rates persisting, the total number of new real estate listings (both detached and attached) that went on the Denver market in July dropped by 24.8% compared to the same month last year. And 18.5% fewer homes closed as well.
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The city of Boulder is a prime location for buyers and no wonder, it's a truly amazing place to live. This is likely a contributing factor as to why single-family home prices there increased month-over-month while Boulder County as a whole saw another decline in prices.
