Appreciation and lack of supply is causing upward prices. New construction is not keeping up with population growth. Residential properties are selling over list price and multiple offers.
The Colorado housing market has not only bounced back, but it’s exceeded last year’s performance by a long shot- and 2020 isn’t even over yet. Earlier this year, uncertainty plagued everyone’s minds, and rightfully so.
The real estate market is moving very quickly in Summit County. As we are seeing more buyers than properties, we’ve also seen that multiple offers are presenting themselves more often than not.
