2024 Market Recap: Key Real Estate Trends & Insights

The 2024 real estate market has experienced notable shifts, with increased inventory, steady demand, and rising home prices compared to last year. Buyers have more options as the number of active listings has grown, yet pending and closed sales have remained strong, reflecting continued market activity. While homes are taking slightly longer to sell, prices have continued to appreciate, and sellers are securing an average of 97.4% of their original list price. These trends indicate a balanced market where both buyers and sellers need to be strategic—buyers have more choices, while sellers must price competitively to attract offers.

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Kayla Maathuis with Compass Real Estate
303.507.2751
www.yourjourneyhome.net
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