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November ’24 Market Report

November ’24 Market Report

Denver’s real estate market has seen notable shifts. Although recent data showed a month-to-month price decline, this month average prices rose by 4.3%, aligning more closely with overall market trends. With mortgage rates down another 25 basis points and political dynamics evolving, buyer and seller sentiment is improving. Inventory is now around a balanced three-month supply, and homes priced right are selling near list price. At the RealGroup, we emphasize the value of a trusted Realtor® over volatile online estimates to help you navigate Denver’s dynamic market.
October ’24 Market Report

October ’24 Market Report

The Federal Reserve drops rates by 50 basis points, and Denver's real estate prices fall 5%! What does this mean? Lower rates bring opportunity, and savvy relocation buyers can take advantage of discounted home prices. Denver Realtor® at the RealGroup team are here to help buyers and sellers navigate this shifting market with expert advice. We are your local experts, whether you're buying or selling in Denver. Let us guide you through Denver's evolving real estate trends!
September ’24 Market Report

September ’24 Market Report

Recent economic shifts, including weaker earnings reports and lower inflation, led to mortgage rates dipping below 6%. This drop brought hesitant buyers back to the Denver market, sparking increased activity. With flat home prices and potential rate cuts, opportunities abound for both buyers and sellers in this evolving landscape. The RealGroup - expect more.
August ’24 Market Report

August ’24 Market Report

As we transition into fall, the real estate market is shifting. New listings are declining, active listings are up slightly, and days on market are increasing. Sellers should price competitively, while buyers should be patient and discerning. The upcoming Federal Reserve rate cut may stabilize the market, potentially leading to a more active spring.
July ’24 Market Report

July ’24 Market Report

As we exit prime selling season, new listings are declining, reflecting a cooling market. Year-over-year closings are down 16.7%, and sales volume has decreased by 15.1%. Sellers must price competitively and ensure turn-key appeal, while buyers should be patient, as stale listings linger and quality new listings are quickly snapped up.
June ’24 Market Report

June ’24 Market Report

Our latest market data aligns with predictions: increased listings and longer selling times are now trends. The surge in inventory benefits buyers with more stable prices. Sellers must be strategic, while buyers find new opportunities.

hear from real clients

the right move

As first-time home buyers and relocators, we were nervous about the home-buying process, but Wilson and his team made the process easy, efficient, and not intimidating. Wilson is extremely knowledgeable about real estate and the Denver market. He works with clients’ preferences while steering them in the right direction when it comes to neighborhood, resale value, etc. He also offers a great, flexible furnished rental option for clients while they search for their permanent home.
5
Desi Kireva
Single Family Home
Dan Strawn and his team did a fantastic job helping us navigate a difficult Denver market. We ended up in the perfect house in the perfect neighborhood. He has a fantastic knowledge of real estate both physically and financially and used it to find the house and neighborhood that best fit our needs. When we were ready to make an offer Dan helped us get our very first offer accepted. This is the fourth home my wife and I have purchased and have used four different agents. I always assumed real estate agent were about the same. They’re not. As long as we stay in Colorado, we have found our real estate agent. If you are looking to relocate in Denver, you should consider contacting Dan. He took care of us every step of the way and I am confident he will do the same for you.
5
James Boyd
Single Family Home - 2022
Before we moved to Denver from out of state, he set up a weekend for us to visit, get familiar with the home buying process, and to tour the neighborhoods that he thought may be a match based on our preferences. He helped us select a great month-to-month rental (through him) and then held our hand throughout the entire buying process. We never felt pressured or rushed. As first-time home buyers, we had no idea what we were doing, so Wilson's attention to detail and wealth of knowledge about the local market was instrumental in making us feel comfortable about our big decision. Ultimately, he helped us find the perfect home at a price we were very happy with. We can’t wait to move in and can’t thank him and his team enough for their help.
5
Karina Gerstenschlager
Relocated from Chicago, IL
I have nothing but good things to say about our time working with Joaquin. As a Denver native, he was a well of information--always answering our constant stream of questions regarding real estate investing, neighborhoods, inspectors, contractors, electricians, etc. When we first started working with Joaquin he quickly recognized what we wanted in a home/investment and guided us toward properties that fit our needs and away from ones that did not suit us. He was always honest, even strongly recommending once that we not buy a house because he didn't believe we would be happy there. As a person, Joaquin is genuinely kind and easy to get along with. He formed a rapport with selling agents on our behalf. He is backed by an incredible team and we would recommend Joaquin to anyone looking to buy a home and will certainly work with him again when buying our next home.
5
Ruby & Frisco Miranda
Single Family Home - 2022
Buying a house with Joaquin was genuinely a wonderful experience. This was my first home-buying experience, but I can confidently say 10 months post-purchase, that it was a great decision to work with Joaquin and place my trust in him. He was open to whatever we wanted to pursue and would work hard regardless, however, where he really went above and beyond was acting as a guide and a bit of a mentor. I was originally thinking of buying something in the suburbs, but Joaquin was able to gather that I would be much better suited with a property in the heart of Denver. I can say that my partner and I are so happy to be living in area with so much accessibility. Our house is perfectly suited for us and it has already shown to be a great investment. Truly can't say enough positive things about Joaquin, and when we look to sell our house or purchase another property, he will be our guy!
5
Daniel Foley
Single Family Home
When we arrived from South Africa in the US a few months ago ... we were looking for the unicorn of rentals: Furnished, pet friendly and with a flexible rental contract. Wilson Leonard who was literally the only realtor who was willing to help us. We soon found out that he has 16 rental properties in Denver which he can offer either fully furnished or non-furnished - or anything in between. [Wilson] possesses a rare combination of talents: He has a CPA license, he knows his area like the back of his hand, he quickly tunes into his clients' needs, he never pushes a sale and always give you the good AND the bad of any particular home. We are now happily settled in Denver and enjoying its incredible offerings, all in no small part due to Wilson's unrelenting efforts, his impressive attention to detail and his commitment to customer service.
5
Jaco Kirsten
Relocated from South Africa
Dan Strawn is the most incredible realtor! We feel so fortunate to have worked with him during our house search in Central Park, Denver, CO. He will work harder for you than any other realtor we’ve known. He truly goes above and beyond for every one of his clients. He accommodated our very busy work schedules and spent many evenings touring homes with us. He knows the market and has outstanding business acumen. Importantly, he will not let you buy the wrong house or spend too much money. He will listen to you — your wants, your needs, your budget. He is an outstanding negotiator and advocate and will make sure you beat out the competition to get the right house for you!
5
Julia Hudnut-Tanabe
Single Family Home - 2022
Bottom line, you won’t find a better realtor than Wilson. He is very knowledgable about every Denver neighborhood (down to particular houses that he has toured or sold before). He knows just about every realtor in town and/or has worked with them before. Most importantly, he actually cares about his clients and is not sales-oriented. As soon as I started working with him, I felt that he acted more as my business partner in educating me about the market and helping me make decisions. He was never pushy; in fact, he regularly talked me OUT of touring or making offers on certain houses that would be difficult to resell. He wants his clients to be happy. He’s genuinely such a great realtor and person, and I strongly encourage you to work with him. As a side note, he has a unique business of renting out his own properties short-term to his out of state clients while they are looking to buy. I was really impressed with the whole process and with his rental properties. I highly recommend this option for folks moving to Denver from out of state.
5
Alex Joseph
Single Family Home - 2022
Joaquin was the perfect fit for us. His help, guidance, and hard-work through the home buying process was invaluable. We feel very fortunate we only made one offer on one house and we got it. We are not first time home buyers but we did move from a LCOL area to Denver which is a much more competitive market. Joaquin guided us through the home buying process in a highly competitive market. His knowledge of the market and neighborhoods helped us make the right decision for us. We would work with him again anytime.
5
Karen & Craig Maricle
Relocated from Texas
We absolutely LOVED working with Kris Shuter. He was calm, patient, kind and honest. He was always quick to respond to our emails and texts. He scheduled our showings with efficiency in mind, which was especially nice for house hunting with two small children. Kris was instrumental with explaining potential issues as well the benefits of each property allowing us to make an educated decision on the purchase of our home.
5
Jenni Fontanella
Single Family Home - 2021
Dan Strawn is an incredible realtor and landlord! His relocation assistance was exactly what my family and I needed to make a smooth and seamless transition to Denver and to find a new home. He listened to our requirements and desires in a new house and went right to work actively searching for us. His feedback on houses we viewed was honest and thoughtful; his knowledge of the area and its market is unparalleled. He’s also a numbers guru - that’s very helpful! And furthermore, he’s well-connected with many suggestions for people and companies for everything from lending services to landscapers. If I am ever in the market to purchase another home, Dan will unquestionably get my business again!
5
Tony Torsell
Single Family Home - 2022
Dan Strawn was the broker for the sale of my house. Throughout the entire process, Dan was the quintessential fiduciary. He developed a specific plan for the eventual listing, recommended and assisted with various home improvements, engaged a specialist to stage the property, and educated me on the overall housing market, including factors such as lot sizes, school districts, and floor plans. Most importantly, Dan was immediately responsive to all of my questions, and I always had complete confidence in his overall guidance. Because of Dan’s unwavering dedication, my house was under contract within two days and ultimately sold significantly above the listing price. I unequivocally recommend Dan to anyone who is considering the sale or purchase of a home.
5
Noel Franklin
Single Family Home - 2022