June Foothills Market Update

In June 2024, the real estate market has experienced notable changes, with a 28% increase in active listings. This expansion provides buyers with more options, making it essential for sellers to make their homes stand out by either offering competitive prices or unique features. Despite the surge in available homes, the market remains strong, evidenced by a 19% increase in homes sold and a 3% rise in pending homes.

The summer season typically sees a steady climb in both active and sold properties, continuing this year. Homes that are move-in ready and correctly priced are selling rapidly, with a median time on the market of just six days. In contrast, properties that require work or are overpriced are taking longer to sell, given the increased selection available to buyers.

For sellers, it's crucial to prepare homes to be market-ready and set appropriate prices to achieve optimal results and maximize the property's potential.

What could your home be worth? Visit - rem.ax/MyHomeValueCO to see your estimated home value!

Whether you're ready to sell or eager to buy, I'm here to guide you every step of the way. Let's chat and make your real estate goals a reality!
Kayla Maathuis, RE/MAX Conifer 303-507-2751 www.yourjourneyhome.net