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Providing real estate solutions every day, Cool Denver Homes is your one-stop-shop for all your real
11/07/2023
Time to buy!
In October, 57.9% of closed transactions included an average seller concession of $9,390. The previous month saw 56.4% of closings with an average seller concession of $9,214. In October of 2022, 50.7% of transactions paid a concession with an average concession of $7,553. As more sellers compete for fewer buyers, expect to see more deals contain a seller concession. As stated by Andrew Abrams, Past Chair of the DMAR Market Trends Committee, "Buyers can use concessions to decrease their interest rate or put toward closing costs or pre-paids. Creativity and working with a professional Realtor continues to be important aspects of navigating the real estate market. As supply and demand decrease going into the end of the year, creativity in how you structure a deal can be the difference in how you spend your holiday season."
Full monthly report available for DMAR members at member.dmarealtors.com.
1325 Elati St, #4, Denver, CO 80204, Priced to sell at $799,000!
Open House, Saturday, September 10th, 10am to 1pm,
Gorgeous modern townhouse in the heart of the Golden Triangle. Walk to numerous parks, museums, restaurants, downtown and the Capitol! This is one of the larger units in the complex at just under 2,000 sq ft and includes 3 bedrooms, 4 bathrooms, 2 decks and a 2 car attached garage. The first floor includes a bedroom, a three quarter bath, and an attached, oversized 2 car garage with room on either side for storage. It has an open floor plan on the second floor that includes the kitchen, half bath, living room with a gas fireplace, and a dining room with a deck off it - perfect for your morning coffee. The third level consists of a large primary bedroom with a walk-in closet and en suite 5 piece primary bath, an accessory bedroom with an en suite three quarter bath, and a laundry room. The rooftop deck was structurally replaced for years of worry-free rooftop enjoyment, and finished with both tile and pet-friendly artificial grass. The rooftop is engineered for a hot tub, plumbed with water, and includes a gas line. Entertain friends and family on this gorgeous deck while enjoying both city and mountain views!
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2314 Curtis Street
Denver, CO
80205
