the value of a milehimodern broker
From July to September 2024, Colorado’s real estate market showed its strength, even as the national housing scene slowed down. With mortgage rates hovering above 7%, some buyers were hesitant, but Colorado’s lifestyle and strong economy kept demand steady. In sought-after areas like Denver and Boulder, home prices remained firm, with slight increases in some neighborhoods where low inventory kept the competition strong. In this dynamic market, working with a skilled milehimodern broker proved to be a game-changer for clients.
milehimodern’s brokers, with their deep knowledge of local trends and nuanced market shifts, expertly guided buyers and sellers through challenging conditions. Their negotiation savvy, paired with a keen awareness of the latest inventory and pricing data, allowed them to secure favorable deals even in tight markets. Whether it was navigating multiple offers or advising on when to push or hold back, milehimodern brokers consistently found creative ways to maximize opportunities for their clients.
With some experts predicting another drop in federal mortgage rates before the end of the year, buyers may experience a notable increase in affordability. Although sellers may see increased buyer interest at that time, it is imperative to partner with a skilled market expert to strategize a standout marketing plan to attract top buyers. As the real estate landscape continues to shift, we’re excited to share the newest edition of the mhm Quarterly Market Report. This comprehensive resource is designed to offer our clients key insights into market trends and seasonal patterns, giving them the knowledge to make confident, informed decisions and successfully navigate their 2024 real estate goals.
Thank you for allowing us to serve you!
Carmelo Paglialunga + Carla Thompson milehimodern owners
Colorado Median Price
The above Colorado data is based on counties statewide. The following Denver data is based on eleven counties in the Denver Metro Area: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson and Park. The following Boulder data is based on Boulder County.
ULTRA-LUXURY
Active Under Contract Sold
Average Sold Price Days on Market $2M+ 1,233 140 112 $3,148,106 61
Active Under Contract Sold
Average Sold Price Days on Market
$1M-$2M 2,668 599 582 $1,313,909 41
Average Sold Price Days on Market $500K-$1M 9,600 2,990 2,931 $670,440 37
Active Under Contract Sold
who
we are
milehimodern (mhm) is Colorado’s premier real estate brokerage focused on the artistry of living.
We believe in connection first; every home has a soul-filled story to tell.
Our purpose is to bring this story to light by discovering the artistic sizzle, the iconic value, the extraordinary architecture, or simply the narrative of a beautiful life lived in each property.
Let us tell your story.
