Updated: May 26, 2020
Today’s message is part 2 of our Denver metro April market update.
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Due to the pandemic, there’s been a ton of speculation about what’s going to happen in the real estate industry. No one knows for sure what’s coming, but I can tell you what’s currently happening. In April, we had 75% fewer showings than we did in April 2019, but that makes sense since we couldn’t go out and see homes. However, there was only a 45% decrease in houses going under contract, which means people were still buying properties. To learn more about the current market, watch our latest video above.