Marcy Moore - Keller Williams Preferred Realty

12/15/2023

💥 Market activity 💥 With forecasted reduction in interest rates, and already such an inventory deficit, buyers it’s your time to shine! Get in there and shop now while sellers are negotiable, refi when interest rates drop! It’s all about strategy in this tight market! Sellers are selling because they have to, in most cases, not just because they want to.

Thanks to Megan Aller for the info below!
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Market Activity
- Average daily active count declined by -3.7%, totaling 6,065 listings for sale.
- New listings decreased by -12.2% week over week, but increased by 0.7% compared to the previous year.
- Pending transactions rose by 1.1%, with 638 listings going under contract.

Odds of Selling
- Odds of Selling decreased to 41.5%, indicating a lower likelihood of properties selling within 30 days.
- Historically, December's average Odds of Selling from 2013-2019 was 49.8%, presenting a current trend below this average.

Supply and Demand
- To achieve a balanced market with a 6-month supply of inventory, we'd need 16,652 total listings, currently at 36.4% of balance.

Showing and Contract Trends
- 8,498 showings occurred last week, averaging 1.4 shows per property.
- On average, it took 13 showings to go under contract within a median of 36 days.

Price Dynamics
- Price reductions decreased to 51.2%, with a larger reduction size of -6.3% off the original price.

Looking Ahead to Wrap up 2023
- Anticipate motivated sellers in 2023, creating a potential opportunity for buyers to negotiate with sellers who must sell, not just want to sell.

Year-End Trends
- As the year concludes, expect a rise in withdrawn and expired units, contributing to inventory reduction for the upcoming first quarter.

05/31/2023

So excited to start showings on June 2nd! More photos coming later in the week!

05/21/2022

04/05/2021

03/21/2020

The state of the Denver Metro Real Estate Market as of February. This is a great marker of where we were prior to COVID and a great tool to track where we are heading. We were going into 2020 with such strength, I hope we can bounce back quickly!

08/09/2019

Come see me at my OPEN HOUSE!
Saturday and Sunday from 11:00 to 2:00 p.m.
2005 E 134th Avenue, Thornton, Colorado
4 bed, 3 bath, a little over 3000 square feet
$480,000
The Settlement at Hunters Glen - This is an awesome neighborhood!

08/08/2019

Showings Start on Saturday 8/11 at my open house from 11-2 p.m. Come see me!

Virtual Tour of 2005 E 134th, Thornton CO 80241, USA.

07/08/2019

Mulling over market stats, and there is a lot more balance in the market than we have seen in a few years now! Lower interest rates and more inventory = Good time to buy! Prices are still high, but starting to level off = Good time to sell!
Call me if you or anyone you know want a detailed analysis of your property's value, or if you or anyone you know is in the market to buy! I can also be a great referral source for my out of state friends!

04/11/2019

This house is amazing! Barefoot Lakes is a neighborhood in Firestone that is like living in a park! Gorgeous mountain views. The finished walk-out basement and professional landscaping come complete with all the added finishing touches to make it perfection! This home has 4 beds, 4 baths, 2 living spaces, huge eat in dining area, kitchen island, butler's pantry, and office. There isn't a thing to do but move in and make yourself at home!

03/26/2019

This gorgeous home in Barefoot lakes is priced to sell! 4708 Colorado River Drive, Firestone, CO 80504| MLS #3355207. Please contact me directly for pricing details! This is a 4 bedroom, 4 bath home in the highly coveted Barefoot Lakes neighborhood within the Mead School boundaries. This house is meticulously kept and organized! Professional landscaping, walk out finished basement, and mountain views!