Want to know what the market looked like in March? Read on to learn more! Highlights In March, buyers continued to enter the market as 4,343 contracts were executed on homes. This is 8% more than last year and 33% more than last month. Homes spent a median of 12 days on the market before [...]
You may be asking, how is the market in Denver? Continue reading for more information! Highlights The Denver Metro housing market is showing signs of an early start to the buying and selling season as household express optimism that mortgage rates could decrease. Inventory levels in February were 25% higher than last year and 176% [...]
Join us as we look at the real estate market from 2023 and go over projections for 2024! 2023 Annual Review Sold Homes This was a continued reduction in the number of homes sold as 2021 experienced sales of 62,047 creating two years of the buyer pool shrinking at abnormal numbers. Standing Inventory [...]
What is happening to the real estate market year over year? Data from 2022 Sold data of the 8 county Denver area from 1/1/2022 to 10/10/2022 41,631 properties closed Sold data of the 8 county Denver area all of 2022 50,100 properties closed Data from 2023 Sold data of the 8 county Denver Metro area [...]
Highlights September brought a seasonal slowdown in sales of homes in the Denver Metro Area. Closings were down 17% from last month and down 22% from September 2022. Prices remained stable from August to September. The price of homes increased only slightly, by 1% from last September. New listings went down by 5% from August [...]
Highlights: The housing market in the Denver metro area stayed constrained in July. When compared to last year, closing were down by 14%. In July, there are typically fewer closings due to summer vacations and the July 4th holiday. Compared to June, there was a 12% decrease in closings. The average price of a home [...]
Highlights: In June, the Denver Metro Area housing market experienced declines. This month there were 4,266 home listings closed, which is 20% less than this time last year and 1% less than last month. Fresh listings have been down 26% from last year, but have been slowly rising since April. Current homeowners are unwilling to [...]
Highlights April 2023 Inventory levels were held in check in April as homeowners choose to stay in place in lieu of listing their homes for sale. The number of fresh home listings to hit the market was 29% lower than we saw this time last year. Year to date, the number of new Denver Metro [...]
