Buyer Demand through COVID19

Updated 6/4/2020: This data depicts the number of showings and new contracts each weekend through the various phases of COVID19. It’s important to note that these numbers are based on a Friday to Monday weekend and not a 7 day week. As you can see the Stay at Home Order slowed market activity significantly; however, even when in-person showings weren’t allowed our market was still moving forward. With the return of in-person showings across the Metro area, strong Buyer demand quickly resurfaced.

5/2/2020: This data depicts the number of showings and new contracts each weekend through the various phases of COVID19. It’s important to note that these numbers are based on a Friday to Monday weekend and not a 7 day week. As you can see the Stay at Home Order slowed market activity significantly; however, even when in-person showings weren’t allowed our market was still moving forward. Interestingly enough new contracts have been trending at nearly a 1 to 1 ratio to new listings through March and April. While so far things are still indicating a strong real estate market for the Denver Metro area, the data from the next couple weeks and months is when we’ll see if our market is in for a shift.