hot properties: russell wilson’s cherry hills mansion and 4 more listings heating up the market this month

hot properties: russell wilson’s cherry hills mansion and 4 more listings heating up the market this month

According to the Denver Metro Association of Realtors (DMAR), our city’s luxury real estate landscape saw a major shift in February. Sellers stepped up with 689 new home listings in February, representing a massive 59 percent increase from January. For context, this is far above the 13 percent national average, and marks the most significant jump in Denver in nearly three years.

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time to buy a luxury home in Colorado

time to buy a luxury home in Colorado

Now is a great time to upgrade to a luxury home if you’re ready. Last month, The Institute for Luxury Home Marketing released its Luxury Market Report showing that buyers are in control of the previously balanced luxury market. With available properties far exceeding willing buyers, more luxury homes are entering the market and staying there longer. For the ready buyer, this can lead to discounted prices and friendlier negotiations on absolutely premium pieces of real estate.

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