Colorado Association of REALTORS | Homes for Sale in Marshall Fire Burn Area: 17 Under Contract within Two Days
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Homes for Sale in Marshall Fire Burn Area: 17 Under Contract within Two Days

Jan 30 2022

Homes for Sale in Marshall Fire Burn Area: 17 Under Contract within Two Days

Recent home listings in the Marshall Fire Burn areas are still selling over the asking price in a short time. There were 17 homes under contract that sold within two days of being on the market. The language in the listings reads differently than it did two months ago.

“Instead of the remarks saying, ‘Great house, open space, and views, you’ll love the kitchen,’ it says something more like, ‘We recognize the devastation of the area,’” says CAR spokesperson and Boulder REALTOR® Kelly Moye. She says the listings show a level of sensitivity: “‘We love this community. We really invite you to come and see our home. We have mitigated for any smoke and ash. It’s in great shape. Our hearts go out to those who lost their home,'” she said.

Moye attributes the quick sales to low inventory in an already over-burdened real estate market. “We took 1,000 houses out of that scenario (due to the fires), said Moye. “We put 1,000 people back into it that need homes right now, and we created a demand and supply issue that was pretty intense.”

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