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The Rising Temperature of the Denver Real Estate Market

In 2021, Denver is expected to be the fifth hottest home market in the US according to the Denver Business Journal. These results are based on a recent Zillow survey that takes into account over 100 real estate experts’ predictions. 56% of these market experts expect home growth in Denver to outperform the national average this year. This doesn’t come as a surprise for those who have been trying to find their perfect home on the market. Last year we saw some homes with over 50 offers while homes under $500k were getting snatched up within hours. Luxury homes priced $1.1m or higher, in the Denver market, were on the market for just a few weeks before getting scooped up as well.

“The pandemic has not upended the housing market so much as accelerated trends we saw coming into 2020,” the Zillow report states. “These Sun Belt destinations are migration magnets thanks to relatively affordable, family sized homes, booming economies, and sunny weather.” Many people are seeing their jobs becoming remote, as an opportunity to move to the Denver Metro area for the sunny weather and the Colorado lifestyle.

Custom home builders in the Denver Metro area, are in high demand as well, but if you’re looking to build, now is the time. Give us a call and we can show you why a Larsen home is always a good investment.