Saturday, August 25, 2018

RE/MAX National Housing Report July 2018

RE/MAX National Housing Report July 2018
Michael Kozlowski #1 Individual RE/MAX Agent in the State of Colorado! Selling Homes Over Full Price in 2018!
Check us out: www.team-koz.com



Thursday, August 9, 2018

Denver Real Estate Market Update August 2018







7 COUNTY METROPOLITAN DENVER MARKET UPDATE

AUGUST, 2018



By the numbers


-        The inventory of available homes for sale is 6,762 homes at July month end

-        5,910 homes came onto the market

-        4,696 homes went under contract

-        4,923 homes closed

-        Median sold price $412,000

-        Average sold price $471,734

-        Closed dollar volume $2.32 Billion. 



Monthly Market Recap:



Single Family:                                                                   

Active Inventory is 5,069                                                   

Sold Homes is 3,529                                                                      

Average Price is $521,834                                      

Median Price is $448,500                                        

Average Days on Market is 23                                           



Condo:

Active Inventory is 1,693

Sold Homes is 1,394

Average Price is $344,902

Median Price is $295,000

Average Days on Market is 40         



Year To Date Market Recap:



Single Family:                                                                   

Sold Homes is 21,895                                             

Average Sold Price is $518,755                                         

Median Sold Price is $442,000                                

Average Days on Market is 29                                



Condo:

Sold Homes is 9,065

Average Sold Price is $348,999

Median Sold Price is $295,000

Average Days on Market is 56

Market Facts:



July is historically a slower month than June and this July continues to be weaker as overall buyer activity has slowed causing a cooling in the Metro Denver home market.  The number of active listings has increased, the number of homes sold has decreased, and the average and median sold price has decreased.  Overall, the Metro Denver Home Market continues to be a prime market.  As a Seller or Buyer, please be aware of the changes that are occurring in this home market.



Advice to Sellers:



The Metro Denver Seller’s home market is slowing down but Buyer’s will continue to look to purchase a home of their choice.  Sellers should know what Buyers are looking for, what changes in the home market that are taking place that will impact selling their home, and know that as a Seller you have to create a lasting impression of your home.  Buyer’s continue to focus on “Smart Homes”, “Healthy Homes”, Life Style choices, and their best choice of a home.



Manage your expectations, be flexible, be civil, and accept the offer that works best for you the Seller.



Seller preparation includes a good pricing comparison analysis, instructions on staging, what are the top improvements, introduction to a net sheet to understand the bottom line, and a conversation on how the market functions.  As such, the homeowner looking to sell a home needs a professional who is a local expert that can assist in the Professional plan to sell one’s home.  Now is the time to reach out to a Professional.



Advice to Buyers:



The Metro Denver home market continues to be a Seller’s market even though the number of active listings continued to increase in July.  As a Buyer, make the offer that works for you and is the offer that you can complete to close the transaction.  The Denver home market is seeing a continuous slow down which equates to an increase in the number of days a home stays on the market.  As a Buyer, be prepared to act quickly.



The Metro Denver population is increasing and we are seeing Home Buyer’s find their own independence through homeownership.  Create your home buying plan and stick to it.



Know what you want in a home, where you want to live, and what price range you can afford.  Complete the pre-qualification process so you know the price range that you qualify for when you are purchasing a home.  Be prepared, manage your expectations, and be open to looking at the entire Denver market.  Reach out to a Professional today about your best options and opportunities to participate and succeed in the purchase of your “Dream” home.






Sunday, July 29, 2018

Tuesday, July 24, 2018

Denver Real Estate Marekt Update July 2018

Denver Real Estate Market Update June 2018!
Michael Kozlowski #1 Individual RE/MAX Agent in the State of Colorado Selling Homes Above Full Price in 2018!
By the numbers:
- The inventory of available homes for sale is 6,595 homes at June month end
- 6,836 homes came onto the market
- 4,870 homes went under contract
- 5,358 homes closed
- Median sold price $417,000
- Average sold price $483,511
- Closed dollar volume $2.59 Billion.
Monthly Market Recap:
Single Family:
Active Inventory is 4,977
Sold Homes is 3,887
Average Price is $530,535
Median Price is $450,000
Average Days on Market is 24
Condo:
Active Inventory is 1,618
Sold Homes is 1,471
Average Price is $359,254
Median Price is $300,000
Average Days on Market is 53
Year To Date Market Recap:
Single Family:
Sold Homes is 18,199
Average Sold Price is $518,535
Median Sold Price is $440,000
Average Days on Market is 30
Condo:
Sold Homes is 7,609
Average Sold Price is $349,930
Median Sold Price is $295,000
Average Days on Market is 60
Market Facts:
June now shows a change in the Metro Denver Home Market. Yes, more homes are now active on the market and price appreciation has slowed down; but, we continue to see many potential home buyers in the Metro Denver market. Overall, the Metro Denver Home Market continues to be a top home market and this home market is not a “bubble” around the corner. As always, be prepared and get real about your expectations.
Advice to Sellers:
The Metro Denver Seller’s home market continues and Buyer’s are now looking to purchase a home so they can live in a neighborhood that will allow them to have Life Style choices and potentially have their children go to the school of their choice. As a Seller, you should pretty much know what Buyer’s are looking for and know that you have to create a lasting impression of your home as you are offering your home for sale. Buyer’s continue to focus on “Smart Homes”, “Healthy Homes”, and Life Style choices.
Manage your expectations, be flexible, be civil, and accept the offer that works best for you the Seller.
Seller preparation includes a good pricing comparison analysis, instructions on staging, what are the top improvements, and a conversation on how the market functions. As such, the homeowner looking to sell a home needs a professional who is a local expert, market knowledgeable, and can assist in the Professional plan to sell one’s home. Now is the time to reach out to a Professional.
Advice to Buyers:
The Metro Denver home market continues to be a Seller’s market even though the number of active listings increased in June and the mortgage interest rates decreased by a small percentage.
As a Buyer, make the offer that works for you and is the offer that you can complete to close the transaction. The Denver home market is seeing a small slow down which equates to an increase in the number of days a home stays on the market. Be aware that Sellers are becoming concerned with Buyers who are not really in the home market. As a Buyer, be prepared to act quickly.
The Metro Denver population is increasing and we are seeing Home Buyer’s find their own independence through homeownership. Create your home buying plan and stick to it.
Know what you want in a home, where you want to live, and what price range you can afford. Complete the pre-qualification process so you know the price range that you qualify for when you are purchasing a home. Be prepared, manage your expectations, and be open to looking at the entire Denver market. Reach out to a Professional today about your best options and opportunities to participate and succeed in the purchase of your “Dream” home.

Thursday, July 12, 2018

2550 Leafdale Cir Castle Rock CO 80109 - Michael Kozlowski - REMAX Profe...

Gorgeous Home in The Meadows! This Home will Sell Quickly!
Michael Kozlowski #1 RE/MAX Agent in the State of Colorado!
Check us out: www.team-koz.com


Saturday, June 30, 2018

RE/MAX National Housing Report May 2018

RE/MAX National Housing Report May 2018
Michael Kozlowski #1 Individual RE/MAX Agent in the State of Colorado! Selling Homes Over Full Price in 2018!
Check us out: www.team-koz.com




Thursday, June 14, 2018

Denver Real Estate Market Update June 2018

Denver Real Estate Market Update June 2018

Michael Kozlowski #1 Individual RE/MAX Agent in the State of Colorado! Selling Homes Over Full Price Already in 2018!





JUNE, 2018



By the numbers:

-        The inventory of available homes for sale is 5,704 homes at May month end

-        7,145 homes came onto the market

-        5,043 homes went under contract

-        5,322 homes closed

-        Median sold price $417,000

-        Average sold price $479,035

-        Closed dollar volume $2.549 Billion. 



Monthly Market Recap:



Single Family:                                                                   

Active Inventory is 4,286                                                   

Sold Homes is 3,852                                                                      

Average Price is $526,553                                      

Median Price is $448,000                                        

Average Days on Market is 23                                                       



Condo:

Active Inventory is 1,418

Sold Homes is 1,470

Average Price is $354,518

Median Price is $302,750

Average Days on Market is 37



Year To Date Market Recap:



Single Family:                                                                   

Sold Homes is 14,229                                             

Average Sold Price is $515,280                                         

Median Sold Price is $440,000                                

Average Days on Market is 31                                



Condo:

Sold Homes is 6,075

Average Sold Price is $347,783

Median Sold Price is $294,085

Average Days on Market is 60



Market Facts:



May was an active month for the Metro Denver home market as we saw more new listings and more homes sold.  Many Buyers are in the market with a goal to be in their new home before the start of the fall school season. Buyer demand continues to outpace the active listings but inventory rose significantly this month.  Seller or Buyer, be prepared as the prime season will be creative and could be a market frenzy in some areas and price ranges.  As always, be prepared and get real about your expectations.



Advice to Sellers:



The Metro Denver Seller’s home market continues and Buyer’s are now looking to purchase a home so they can live in a neighborhood that will allow them to have Life Style choices and potentially have their children go to the school of their choice.  As a Seller, you should pretty much know what Buyer’s are looking for and know that you have to create a lasting impression of your home as you are offering your home for sale.  Buyer’s continue to focus on “Smart Homes”, “Healthy Homes”, and Life Style choices.



Seller preparation includes a good pricing comparison analysis, instructions on staging, what are the top improvements, and a conversation on how the market functions.  As such, the homeowner looking to sell a home needs a professional who is a local expert, market knowledgeable, and can assist in the Professional plan to sell one’s home.



Advice to Buyers:



Now is the time to buy as the Denver home market is strong and healthy.  Buyer demand is greater than the number of homes for sale.  As a Buyer, make the offer that works for you and is the offer that you can complete to close the transaction.  The Denver home market is becoming very creative again with multiple offers, bidding opportunities, and price appreciation.  Similar to the above comments, be prepared to act quickly.  Be aware that Sellers are becoming concerned with Buyers who make a competitive offer, get the home under contract, and later terminate the contract.



The Metro Denver population is increasing and Buyer’s are looking for their American Home Dream.  Create your home buying plan and stick to it.



Know what you want in a home, where you want to live, and what price range you can afford.  Complete the pre-qualification process so you know the price range that you qualify for when you are purchasing a home.  Be prepared, manage your expectations, and be open to looking at the entire Denver market.  Reach out to a Professional today about your best options and opportunities to participate and succeed in the purchase of your “Dream” home.




Monday, June 11, 2018

5287 Pinyon Jay Rd Parker CO 80134 - Michael Kozlowski - REMAX Professio...

Incredible Custom Home on 1/2 Acre!

Michael Kozlowski #1 Ranked Individual RE/MAX Agent in the State of Colorado 2016!

Check us out: http://www.team-koz.com/

Thursday, June 7, 2018

13729 Worthington Place Parker CO 80134 - Michael Kozlowski - REMAX Prof...

Panoramic Mountain Views! Wide Open Spaces! Cul-de-Sac Location!



Michael Kozlowski #1 Individual RE/MAX Agent in the State of Colorado Selling Homes Above Full Price in 2018!



Check us out: www.team-koz.com








Wednesday, May 23, 2018

Denver Real Estate Market Update May 2018

Denver Real Estate Market Update April 2018

Michael Kozlowski #1 Individual RE/MAX Agent in the State of Colorado! Selling Homes Over Full Price Already in 2018!

Check us out: www.team-koz.com

7 COUNTY METROPOLITAN DENVER MARKET UPDATE
MAY, 2018

By the numbers:

- The inventory of available homes for sale is 4,562 homes at April month end
- 6,389 homes came onto the market
- 5,169 homes went under contract
- 4,518 homes closed
- Median sold price $415,000
- Average sold price $481,576
- Closed dollar volume of $2.176 Billion. 

Monthly Market Recap:

Single Family:
Active Inventory is 3,365
Sold Homes is 3,186
Average Price is $535,675
Median Price is $451,000
Average Days on Market is 26

Condo:
Active Inventory is 1,197
Sold Homes is 1,332
Average Price is $352,177
Median Price is $295,000
Average Days on Market is 48

Year To Date Market Recap:

Single Family:
Sold Homes is 10,267
Average Sold Price is $510,775
Median Sold Price is $435,000
Average Days on Market is 34

Condo:
Sold Homes is 4,552
Average Sold Price is $346,092
Median Sold Price is $290,050
Average Days on Market is 68
Market Facts:

The Denver home market saw more listings for sale in April, an increase in homes going under contract, and more homes closing at record prices, especially in the lower ranges.  Buyer demand continues to outpace the homes available for sale.  Buyers are creative in their offers and Sellers are looking at all options.  As a Seller or Buyer, be prepared as the prime season has been creative and a market frenzy in some areas and price ranges.  As always, be prepared and get real about your expectations.

Advice to Sellers:

Now is the time to sell as the Denver home market is a Seller’s market, is strong, is healthy, and Buyer demand is greater than the number of homes for sale still.  As a Seller, the most important thing in our current market is to know your home’s value and then have it listed at the right price.  The Denver home market continues to be creative, be prepared for multiple offers, bidding opportunities, and requests for incentives to continue in some areas and price ranges.  Buyers look for a lasting impression such as curb appeal, yard size and location on the outside as well as energy efficient lighting, de-cluttered space, staged, smart and healthy, and valued home improvements on the inside.

Manage your expectations, be flexible, be civil, and accept the offer that works best for you the Seller.

Seller preparation includes a good pricing comparison analysis, instructions on staging, what are the top improvements, and a conversation on how the market functions.  As such, the homeowner looking to sell a home needs a professional who is a local expert, market knowledgeable, and can assist in the Professional plan to sell one’s home.  Now is the time to reach out to a Professional.

Advice to Buyers:

Now is the time to buy as the Denver home market is strong and healthy and interest rates are rising. As a Buyer, make the offer that works for you and is the offer that you can complete to close the transaction.  The Denver home market has been very creative again this Spring with multiple offers, bidding opportunities, and price appreciation in some areas and price ranges.  Similar to the above comments, be prepared to act quickly.  Be aware that Sellers are becoming concerned with Buyers who make a competitive offer, get the home under contract, and later terminate the contract.

Buyers should give consideration to be in a secondary position on a home because the market is seeing an increase of contract terminations.  Create your home buying plan and stick to it.

Know what you want in a home, where you want to live, and what price range you can afford.  Complete the pre-qualification process so you know the price range that you qualify for when you are purchasing a home.  Be prepared, manage your expectations, and be open to looking at the entire Denver market.