720-724-8187 rogelio@vidabroker.com
Got Radon?

If you live in Colorado, chances are that “yes” is the answer. Data from the Colorado Department of Health and Environment indicates that about 50% of homes in Colorado have high radon levels. If you are buying a home or have already been living in your home for years, testing for radon could be a life-saving decision. What is radon? It comes from the natural radioactive breakdown of uranium in rock, soil, and water. The bad thing about radon is that it can seep from the ground under your home and in high concentrations and prolonged exposure, cause lung cancer. The risk for high concentration levels is increased in homes with split levels and basements that do not have adequate ventilation. The United States Surgeon General, the American Lung Association, and the Environmental Protection Agency recommend that people avoid long-term radon exposure at or above 4 pCi/L (picocuries per liter of air).

Is radon testing required? Like your typical home inspection, it is NOT required. However, it is recommended. There are some things to consider when buying a home. If the seller knows of the existence of any radon, they should disclose through the “Seller’s Property Disclosure Form”. If radon is tested (by a certified radon measurement contractor) and levels are high, the buyer may request the seller to install a radon mitigation system. The test itself will run between $100 – $150. The mitigation system is a negotiated item, meaning the seller DOES NOT have to install the system. These costs anywhere from $800-$1600 and usually carry a life-time warranty.

 

Take advantage of additional information and even a FREE test kit (limited supply):

Looking to buy or sell your home.  You can contact me  by email  or call 720-253-8513.

signature2.1

Share Post:

As we settle into spring 2025, Denver’s real estate market is revealing some critical shifts. Whether you’re buying your first home or preparing to sell a property you’ve outgrown, understanding the market’s current temperature—especially through the lens of months-of-supply—can help you move with clarity and confidence.


📊 What Is Months-of-Supply?

Months-of-supply tells us how many months it would take to sell all current homes on the market at today’s pace, assuming no new listings come in. It’s one of the best ways to gauge whether buyers or sellers have the upper hand:

  • 0–4 months: Seller’s market
  • 4–6 months: Balanced market
  • 6+ months: Buyer’s market

📍 What’s Happening in Denver?

Denver currently has a 3.1-month supply, nudging close to a balanced market. While still favoring sellers slightly, inventory is rising fast—up 11.2% year-over-year and a striking 70.6% above 2019 levels. New listings also rose by 18.1% over the past year, though still slightly below pre-pandemic levels.

Now here’s a key point: closed sales in April 2025 were down 3.2% from last year. Fewer completed transactions suggest that buyer activity is cooling even as more homes hit the market. This shift reflects growing caution among buyers, likely tied to higher mortgage rates and affordability pressures.

In simple terms: we’re seeing more homes for sale, fewer homes being sold, and slightly longer time on market. This is a clear signal that the market is transitioning—and that timing, strategy, and pricing are more important than ever.


🏙️ Comparing Other Cities

Miami Area7.8 months of supply

Buyer’s market with inventory up 37.5%, but closed sales flat. Homes are sitting.

Austin, TX5.4 months

Moving toward balance. Listings up 19.7%, but also seeing a slowdown in closed deals.

Phoenix, AZ3.6 months

Still seller-friendly, but inventory has surged 54.6%. Like Denver, the pace is slowing.

In comparison, Denver’s sharp inventory rise paired with declining closings indicates one thing: competition is heating up—especially for sellers.

🤝 Buyers: Opportunity Is Knocking

  • More Inventory = More Choice

  • Stronger Negotiation Power: Fewer bidding wars, more room to talk terms.

  • Act Smart, Not Fast: It’s not about “the deal”—it’s about the right deal.


💼 Sellers: Stay Strategic

  • Price It Right: With fewer sales happening, homes that are overpriced are sitting.

  • Presentation Wins: You’ll stand out when your home is clean, staged, and easy to show.

  • Act Now While It’s Still a Seller’s Market: We’re on the edge—waiting could cost you.

📲 Let’s Talk—No Pressure

Whether you’re dreaming of a new home or prepping to sell, let’s have a free, no-obligation conversation to map out your next move.
📞 Text/call me directly at 720-724-8187
📅 Or grab a time that works for you: Book Here

You’ll get real insight, no pressure—just a smart path forward based on your goals.

REFERENCES

Translate »

Please spread the word :)

Open chat
Hello 👋
Can I help you?