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"Flash Sales" are Heating the Denver Real Estate Market!
Some Denver Area housing markets are heating up so much that homes sell in less than 24 hours. Also known as a ? flash sale. WHAT? Yes, you did read that right! We have had many homes we have listed lately go in the first day and for more than the asking price! It is unbelievable how the market changes. Many Agents are looking at the homes simultaneously as their buyers, and many homes are in "Bidding Wars!" These homes, with many offers, are going for way more than the asking price in many cases.
Recently analyzed MLS (Metrolist) and other additional housing data between Oct. 1, 2012, and Feb. 26, 2013, to reveal which metro areas are seeing some of the fastest sales. Rankings on cities that saw a home status going from active to pending or under contract in less than a day after being listed.
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The following cities are seeing the most flash sales:
1. Phoenix: 540
2. Chicago: 261
3. Houston: 188
4. Dallas: 184
5. Austin: 163
6. San Diego: 135
7. Los Angeles: 132
8. Sacramento, Calif.: 128
9. Denver: 115
10. Portland, Ore.: 115
11. Las Vegas: 100
12. Baltimore, Md.: 97
13. Washington, D.C.: 87
14. Seattle: 87
15. San Jose, Calif.: 74
If you want to Sell your Denver House or buy a home in the Metro area, we can and will help. You need an "in" these days. Now, you have an ally in your real estate transactions.
Contact us now for service. 303-955-4220
Disclaimer: Kenna Real Estate Group® does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied. Kenna Real Estate Group® does not represent the opinions and ideas of the author(s). Information may not express the views of Kenna Real Estate Group®. or those of the broker.Copyright® 2013 Kenna Real Estate Group®
