In August 2018, 8,228 homes were on the market in the Denver area, up 11.79 percent from last year.
“Over the past four years, we’ve experienced the strongest sellers’ market in recorded history,” said Steve Danyliw, Chairman of the DMAR Market Trends Committee and Metro Denver REALTOR®. “This past month, we saw available homes for sale increase to the highest level in four years giving buyers more homes to choose from.”
Still, Danyliw says market conditions favor the home seller and the next few months should see increased activity.
The highest priced single-family home sold in August was a $6,750,000 Larkspur property with 7,704 square feet representing four bedrooms and seven bathrooms, the report read.
Read the full Denver Metro Association of Realtors September 2018 market trends report here.
Fall is the perfect season to spend some time caring for your yard. Although you might not see the fruits of your labor just yet, come springtime you will be glad you put in the extra effort.
If you’re looking to add some color to your yard, now is the time to plant those spring-blooming bulbs. Daffodils, allium, glory of the snow, tulips, lilies, hyacinth and pansies are all spring bloomers.
Perennials can be planted in the fall, especially specimens with large root balls. If you have hostas in your yard, fall is an ideal time to divide and replant plant them. Peonies should also be planted or transplanted in the fall. Avoid planting them too deep, no more than 2 inches above the bud on the root, or they won’t bloom.
Any fall-planted perennials should be carefully watered until the ground freezes to keep their roots healthy and strong. Don’t overwater, but make sure the plants get at least 1 inch of water one time per week.
Fall is also the ideal time to plant trees and shrubs. The weather is cool but the soil is still warm enough for root development. Before digging, check with your local utility companies to locate any underground lines. Always plant trees and shrubs at their natural soil lines. Keep newly planted trees or shrubs well watered until the ground freezes so they get a good start before going into full dormancy during winter. Find more detailed instructions here.
Last but not least, for lush green grass come springtime, the time to fertilize is now! See some helpful tips from The Home Depot below.