Prices Still Up

Prices Still Up

It seems that COVID-19 did not cause prices to decrease and certainly didn’t cause them to crash.

Average prices are up compared to last year:

·         2.8% in Larimer County

·         5.4% in Weld County

·         3.3% in Metro Denver

Low supply, sustained demand, and incredibly low interest rates are all fueling the price growth.

 

At Windermere Real Estate we are taking Safer at Home and Social Distancing very seriously.  Our people are following our Safe Showings protocol, staying connected to their clients, and providing help wherever needed.

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Supply and Demand

Northern Colorado gave us a real-life economics lesson in January 2020.

Compared to one year ago…

  • Inventory was down 10% (Supply)
  • Homes under contract went up 31% (Demand)
  • Prices were up 5% (Result)

 

If you would like to see a video recap of our annual Market Forecast you can watch that HERE.

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