How is the Real Estate Market in Windsor, CO? Well, the Windsor Colorado real estate market is hot. Windsor and all of Northern Colorado is a really desirable place to live. People are continuing to move her and because of that, housing inventory has been at all time lows. But, the market is beginning to normalize and we are moving towards a more balanced real estate market. Let’s look at the latest real estate market data for Windsor, CO in this video.
In the above video, we looked at the real estate market data from April and May 2022 and compared the year over year data for May. We can see the first signs of the market normalizing, meaning that it isn’t a crazy sellers market. What does this mean for Northern Colorado Buyer & Sellers?
Windsor Home Buyers:
There is still a lot of demand for homes in Windsor, CO but some buyers have dropped out due to rising interest rates and more homes have come onto the market. This increased inventory and slight lag in demand means that home buyers might not be up against 20 competing offers.
Home buyers should still expect to make very strong offers but things like waiving inspections and bidding 10% above the asking price might be over. In the last couple of weeks I’ve seen homes get under contract at full asking price against only 1 or 2 other offers. This might be the perfect time to buy a house in Windsor.
Windsor Home Sellers:
Now is not the time to freak out. You did not miss out on getting top dollar for your house. You can still sell your house now and take full advantage of the over 20% appreciation we’ve seen in the last year. In fact, a more normalized market means that you won’t have to deal with so many showings and you won’t spend as much time deciding between too many offers.
Summer of 2022 is a great time to sell your Windsor, Colorado home. The number one thing to know is now is not the time to go with a discount agent or part time agent or trying for sale by owner. Pricing your home correctly in the beginning is going to be more important than ever. You’ll also want to take staging, professional photos and marketing your home more seriously.
If you are thinking about selling a home, call me. This is a big decision and you’ll want to consider the options.