February 2021 Market Stats

February market stats are in! What you need to know:⁣⁣
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🏡 The average single-family home price increased to $632,581.⁣⁣
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🔥 Some listings are seeing over 100 showings in one weekend and have upwards of 20+ offers!⁣⁣
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📈 Smart buyers should be asking their lenders what rising interest rates mean for their payments and budget. Buyers waiting on a new construction should be having this conversation as well, so they can budget and prepare for what interests rates may be in 6 to 9 months.⁣
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🏢 The only market in Colorado that is a buyer’s market right now is downtown condos, with multiple properties over 100 days on the market. When baseball, sports and restaurants pick back up, will that market also pick up?⁣⁣
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📩 𝘈𝘴 𝘢𝘭𝘸𝘢𝘺𝘴, 𝘱𝘭𝘦𝘢𝘴𝘦 𝘴𝘦𝘯𝘥 𝘮𝘦 𝘢 𝘮𝘦𝘴𝘴𝘢𝘨𝘦 𝘪𝘧 𝘺𝘰𝘶’𝘥 𝘭𝘪𝘬𝘦 𝘢 𝘧𝘶𝘭𝘭 𝘤𝘰𝘱𝘺 𝘰𝘧 𝘵𝘩𝘪𝘴 𝘳𝘦𝘱𝘰𝘳𝘵 𝘰𝘳 𝘩𝘢𝘷𝘦 𝘢𝘯𝘺 𝘲𝘶𝘦𝘴𝘵𝘪𝘰𝘯𝘴 𝘢𝘣𝘰𝘶𝘵 𝘵𝘩𝘦 𝘮𝘢𝘳𝘬𝘦𝘵.