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Colorado Real Estate Update

Despite recent events, the real estate market has not yet hit a pause in Colorado. There are still new listings going up, and properties are selling, albeit at a slower pace than the last few weeks. The biggest factor that changed was properties withdrawn from the market, which increased considerably–understandable given the uncertainty regarding jobs right now and in the near future. Compared to last week:

New Listings:

2438 – Up 16% from prior week

Properties Pending:

2307 – Down 13% from prior week.

Properties Withdrawn:

471 – Up 111% from prior week

Properties Sold:

1744 – Down 5% from prior week

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