The Cascade Team Real Estate Blog

Homes For Sale In Denver Hit New Record Highs

The stats for June 2021 Denver home sales are now in from REColorado MLS.  The numbers are showing new records for the real estate market across the entire greater Denver area.   Here is a recap of the stats:

  • 6420 Homes Closed in June 2021
  • Average Price: $642,167 - Up 21% since June 2020
  • 7691 new listings came on the market
  • Average days on market to contract: 10 - down 15 days from June 2020
  • Absorption rate: 2 weeks (with no new listings, all homes will be sold within two week at current rate)

Inventory is still very low, and home builders cannot keep up with demand.  Overall demand for housing is fairly average, however because inventory of both new construction and resales in the

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Selling A Home With Opendoor In Denver Is Not All It Is Cracked Up To Be

Opendoor in Denver is now offering to sell a home the “traditional” way for a 5% commission, which is what they are considering a “discounted fee”. Of course, they claim all other Realtors are charging 6%, which we all know is not true in most areas, as I only charge my clients 1.5% to list their home, plus 2.75% to the buyer's agent for a total of 4.25%.  However, Opendoor offering traditional real estate listing agreements is an interesting move on their part as they have typically tried to buy homes under market value and then charge the owner a bunch of fees just for the pleasure of choosing their closing date.  If you read my prior blog post, you'd see that most homes around

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65% Of Denver Homes Are Selling Over Asking Price

Home prices in the Denver area have been on the raise, but is now being exacerbated by a huge influx of buyers from other states, driving prices even higher as inventory wains.  We were one of the hotter housing markets before COVID hit, and now with more people working from home, home buyers are moving from inner city areas to more spacious homes in the suburbs, of which Denver is a huge draw.

Active Single Family Home Listings In Denver

Data provided by the Denver Metro Association of Realtors shows a severe drop in available inventory for home buyers to choose from.  Inventory in the Metro Denver area fell from 8677 active listings in March of 2020 to 1749 active listings in March of 2021.  New

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New Condo Listing In Denver's Cherry Creek Neighborhood

New listing by Jinjer Spears in the heart of Cherry Creek North. For more information, contact Jinjer at 720.219.0318 or visit http://3617986.thecascadeteam.com/​.  Be sure to check this one out as it won't last long.

2700 Cherry Creek South Drive, #120, Denver CO 80209

Renovated one bedroom condo in the heart of Cherry Creek North. This condo features brand new engineered hardwood flooring and new paint throughout. The main living area opens directly into a large living room with gas fireplace, eating space, and kitchen; great for entertaining. The oversized windows bring in lots of natural light, and there is plenty of storage with an oversized coat and linen closet. This unit also

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New Home For Sale Just Listed In Aurora CO

For more information, contact Doug Young at 720.600.2182 or visit http://1754392.thecascadeteam.com​ to see more info on this property, school info and the virtual tour.

2542 S Bahama Circle, Aurora CO 80013

Turn key property in the Rock Ridge condo community. Living room has vaulted ceilings and a floor to ceiling gas fireplace, along with upgraded wood flooring installed in 2019. The kitchen has newer stainless appliances and an eat in nook area. It has two nice sized bedrooms, each with it's own full bath. There is a single car garage with access door at the bottom of the stairs. Unit comes with central air and had a new hot water heater in 2017. This is ready for move in and won't last long, so be

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Contact Deb Gordon at 480.586.8880 for a private tour of this fabulous home, or visit http://thecanyons.thecascadeteam.com/ to get more info on this luxury property of of Shea in Scottsdale Mountain near Mayo Clinic.

12927 N 130TH Way, Scottsdale, AZ 85259

Listing Price Just Reduced to $3,100,000

This impressive & private executive home marries design & functionality with breathtaking unobstructed mountain & desert views of rolling elevation, vegetation, boulder outcroppings & big sky on 1.75 acres. This six bedroom home, with four and a half baths, is built on one of the most desirable luxury home lots in the entire valley. Nature's living canvas brings elements of the Sonoran Desert right up to your doorstep. Watch the 'magic' in this home as

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June 2020 Market Statistics

REcolorado June housing market report is showing that a robust housing market still exists in Colorado and Great Denver.  Across the state, there was nice improvement in buyer activity as COVID restrictions were reduced and buyers reentered the market.  Overall, pending home sales (homes under contract) saw significant gains as local brokers wrote an increasing number of new contracts.

Denver Metro Market Statistics

In June, the Denver Metro housing market numbers, from REcolorado, show signs of a seller's home market which is heating up, as several indicators showed year-over-increases. The total number of closed properties was 3% higher than last June and the number of Pending Listings was 28% than last year as

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Check out the video of our new Scottsdale listing below

This impressive & private executive home marries design & functionality with breathtaking unobstructed mountain & desert views of rolling elevation, vegetation, boulder outcroppings & big sky on 1.75 acres. For more info call Local Scottsdale Realtor Deborah Gordon at 480.586.8880 or visit http://thecanyons.thecascadeteam.com/. This home is being promoted on Zillow, Trulia and Realtor.com and is move in ready. Contact Deborah today for a personal showing of this great home.

12927 N. 130th Way, Scottsdale, Arizona

This impressive & private executive home marries design & functionality with breathtaking unobstructed mountain & desert views of rolling elevation, vegetation, boulder

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Check out the video of our new Laveen listing below

Amazing central location just blocks from the new loop 202 bypass, quick and easy access to downtown, Sky Harbor airport, Cardinals stadium, Coyote;s hockey arena, Westgate entertainment district, Tanger outlet mall, short commute to east valley technology campuses. For more info call Local Laveen Realtor Michael Gabriel at 602.290.1854 or visit http://5996503.thecascadeteam.com/. This home is being promoted on Zillow, Trulia and Realtor.com and is move in ready. Contact Michael today for a personal showing of this great home.

6439 W. Fawn Drive, Laveen, Arizona

Amazing central location just blocks from the new loop 202 bypass, quick and easy access to downtown, Sky Harbor airport,

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Check out the video of our new Buckeye listing below

Highly sought after and upgraded Cal Atlantic model no longer available from the builder. Don't wait for new, this home has it all done for you. For more info call Local Buckeye Realtor Michael Gabriel at 602.290.1854 or visit http://5993439.thecascadeteam.com/. This home is being promoted on Zillow, Trulia and Realtor.com and is move in ready. Contact Michael today for a personal showing of this great home.

20852 W. Minnezona Avenue, Buckeye, Arizona

Highly sought after and upgraded Cal Atlantic model no longer available from the builder. Don't wait for new, this home has it all done for you. Front exterior brick, huge covered front porch, Backyard fully landscaped with pavers and

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