Here's your January 2023 Denver Real Estate Market Update. The average Denver home appreciated 44.6%, hitting its peak in May of 2022. Since then, it has given back 4.95% of the gains. Rates hit their high and came down, inventory locked up, sales dropped, and demand is still pent up. There is a path from here. News cycles in quarter one will pick up year-over-year comparisons, which will look worse, but watch the trends, feel the boots on the ground, and pay attention to inflation, job loss, and rates.

Read the full report here: https://www.theruethteam.com/market-trends/

Nicole Rueth
The Rueth Team Powered by OneTrust Home Loans
750 W Hampden Avenue, Suite 500
Englewood, CO 80110
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www.TheRuethTeam.com

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