May 2020 inventory of single family and condo decreased 18.8% from a year ago. Total Active listings today is reporting 6,132 compared to 7,556 twelve months ago. Due to the smaller number of buyers out in April due to the pandemic, the number of closed properties has decreased 44.1% from May 2019. However, the decrease [...]
Real Estate: Good Investment Or Opportunity Investment as a Result of the COVID-19 Virus? Average Price of both Single Family homes and Attached homes Year over Year in April has increased to $495,982, a 1.9% increase. Inventory from April 13th 2020 to May 14th 2020 has increased by 15%. This is the trend we should expect [...]
What Effect Has the Virus Had On Denver Real Estate? Average Price of both Single Family homes and Attached homes Year over Year in March has increased to $484,075, a 5.4% increase over March of 2019Inventory as of the start of April 2020 increased by 3.4% year over year. The number of homes closed in [...]
Will the Real Estate Market Change due to Virus Concerns? Average Price of both Single Family homes and Attached homes Year over Year in February has increased to $478,267 an 4.9% increase. Inventory as of the start of March 2020 decreased by 22.9% year over year. When supply goes down prices go……. And the market [...]
Market update for January 2020 Average Price of both Single-Family homes and Condominium Homes Year over Year in January was $464,263 vs. $451,098 in 2019, a 2.9% appreciation increase. We are starting see prices flattening as there was a meteoric rise of prices from 2013 through 2018 which is somewhat unsustainable after the 62%+ increase [...]
Denver Metro Area Single Family Housing • 58,704 single family and condominiums sold in 2019 compared to 56,065 that sold in 2018 or a 4.71% increase in the number of homes closed. • At Year End 2019 there were 6,582 active homes for sale compared to the end of 2018 which had 6540 homes [...]
2019 Real Estate Update for December Average Price of both Single-Family homes and Condominium Homes Year over Year in November was $477,265 vs. $462,366 in 2018, a 3.2% appreciation increase. We are starting to see prices flattening as there was a meteoric rise of prices from 2013 through 2018 which is somewhat unsustainable after the [...]
All data taken from ReColorado, on November 14, 2019. Denver, Colorado.Eight County Denver Metro Area Current Trends through October 2019 Has Denver’s Real Estate Market Gotten Very Expensive for the Average Buyer? Yes, here’s why! Average Price of Single Family homes and Condominium homes Year over Year in October was $477,265. We are seeing the [...]
