REColorado Market Watch 2020 Year End Report
20 Jan 2021 by Greg Tiffin

2020 was a record-setting year. Brokers wrote more contracts on listings, sending them to the Pending status, and more homes Closed than any year on record.
▪ The number of New Listings that hit the market did not keep pace with demand, which made inventory a challenge throughout the year.
▪ Strong demand kept prices high with Median and Average Closed prices reaching-time highs. Half of all homes Closed sold $450,000 or more.
▪ Contracts were written on homes quickly in 2020. The median number of days a home was available for sale in the MLS was 7, which means half of homes for sale were
off the market in a week or less.

Click here for the complete REColorado Market Watch 2020 Year End Report.

Source: REColorado

Greg Tiffin

As your trusted advisor, I am passionate about being attentive to your needs and goals, helping you navigate current market trends, make informed decisions while advocating for you throughout the process. My goal is to serve you so well that I become your Realtor for life and you feel comfortable referring me to the people you know and love.

I bring 25 years’ successful experience together with my team, using the latest technology to make your next move easy and enjoyable. We help home buyers search and find Denver metro area homes for sale, negotiate to our client's advantage and make moving as easy as possible. We help Denver metro home sellers prepare their home for the market, set a pricing strategy, and find buyers for their homes through innovative, effective marketing.