Cherry Creek Real Estate Agents are ready to help get you into (or out of) a home! Denver real estate is starting to pick up, so if you’ve been patiently waiting on the sideline for the right time to buy or sell, you may want to start looking for an agent.

Cherry Creek Statistics – Cherry Creek is one of the most prestigious areas in the Denver, Colorado area. The median list price for homes in this area is almost $700,000, with median sales prices falling in the $530,000 price range. There are currently 143 listings for sale in the Cherry Creek area and over a third are currently under contract. While the projection for Cherry Creek is a five month absorption rate for the current inventory of homes, we’re expecting to see a spike of activity once the holidays pass.

Denver Market Trends – Home prices are finally starting to rise! This is incredibly exciting not just for sellers, but buyers as well. Why buyers? Wouldn’t buyers always want rock bottom prices? Well, that’s where it gets complicated because how can you tell you’ve gotten the lowest price possible if you’re buying on the decline? Now that prices are turning around, we’re sure buyers would happily pay a few extra thousand over the course of thirty years rather than buy with the suspicion that their home will be losing value each day after purchasing. So how much are prices increasing? Just a steady 3-5% as of now, and the inventory on homes are decreasing at a rate of 6%.

Why Hire an Agent? – Hiring an agent for your Cherry Creek homes for sale needs is incredibly important, because they not only can help you negotiate an amazing deal, but they can quickly get you from the contract to the closing with less hold ups, issues and fall-throughs. Having a real estate agent on your side is a great buffer to help you qualify potential buyers, or if you’re hiring a buyer’s agent, they can qualify your properties. Buyer’s Agents help evaluate the fair market value on properties and can reason with sellers and sellers agents to try to get you the best deal possible.

What to Look for in an Agent – Cherry Creek Agents can offer you the peace of mind in buying or selling your property. If you’re looking for a qualified agent, ask about their experience, a list of references and possibly set up an interview at their broker’s office.

About PorchLight Real Estate: PorchLight Real Estate Group has the most experienced and knowledgeable Denver real estate agents in Colorado. For more information about homes for sale in Denver CO or specific neighborhood homes please visit www.porchlightgroup.com.

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