Selling a home is like any other business venture. It all comes down to supply, demand and timing. But when you add to this equation the fact that the mile-high city of Denver, Colorado receives an average of 52.8 inches of snow, it doesn\u2019t take a titan of industry to deduce that the best time of year to sell isn\u2019t during the long, cold, snowy winter. That being said, much of the appeal of Denver has to do with the weather, since the city receives more than 300 days of sunshine per year. <\/p>\n\n\n\n
When it comes to housing markets, Denver is considered pricey. In a National Association of Realtors study, millennials could only afford to buy 6% of the homes listed<\/a> there, as opposed to the nationwide average of 23%. That despite being paid substantially higher wages in Denver than in other parts of the country. Even more mature, more affluent people who relocate to Denver find the price of real estate to be high compared to many other cities. That\u2019s why the local growth rate has halved from 2.8% in 2015, to only 1.4% in 2019. That also means if your home is valued in the $500,000-$1,000,000 range, you have to sell smarter, not harder.<\/p>\n\n\n\n\n Do you want to know your home’s value <\/span>in today’s market? Get a free online value estimate!<\/span><\/span>\n <\/h3>\n <\/div>\n\n