Highlights: For the second month in a row, median home prices dipped in the Denver metro area. Even with this, homes closed at 98% of the asking price. The number of homes closing was up from July to August, but this is still down … [Read more...]
So, How’s The Market? | July 2023
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. … [Read more...]
So How’s the Market? – June 2023
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 … [Read more...]
So How’s The Market? – May 2023
Highlights May 2023 Closings for May 2023 was the highest level since September 2022. This is a good trend, however, we would suggest a weakening a bit of the sold data per month moving through the summertime. The pending … [Read more...]
So How’s The Market? – April 2023
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 … [Read more...]
So How’s The Market? – March 2023
Highlights March 2023 The home buying and selling season is underway. REcolorado data shows increases in both fresh listings of homes for sale and closings. Meanwhile, homes were on the market for 16 fewer days compared to last … [Read more...]
So How’s The Market? – February 2023
Highlights February 2023 The Denver Metro housing market typically sees an increase in activity from January to February as the busy home buying and selling season gets underway. This year, according to REcolorado data, the … [Read more...]
So How’s The Market? – January 2023
Highlights January 2023 Denver Metro housing market experienced a strong start to the year. There was an uptick in both buyer and seller activity. The number of listings that moved from Active to Pending status increased nearly … [Read more...]
2022 Annual Review and 2023 PREDICTIONS
The Denver 100 provides this Annual Real Estate Report as a service to our clientele and friends to give the current trends in the Denver residential real estate market and a resource to predict the future housing direction in our … [Read more...]
“So How’s The Market?” – December 2022
Highlights The rate of home price appreciation continued to slow in December. The median closed price for Denver Metro homes increased 3% compared to last year but decreased from November. Interest rate hikes, along with rising home … [Read more...]