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% [...]
"New Year New Me"... what if in 2024 we enhanced ourselves instead? Find out tips for creating better habits this year! 1. Start Small! The new year can bring major goals and changes, remember that these goals can often be overwhelming. Start with one or two and work your way up as they all fall [...]
Highlights: Buyer activity continued to see a seasonal decrease as we enter the winter months. Closings were down 9% from last year. Economists predict an increase in activity as mortgage rates normalize below 7%. Standing inventory has nearly reached pre-pandemic levels. Homes are staying on the market for a median of 24 days. Median home [...]
Highlights: High mortgage rates and elevated home prices continue to impact the Denver metro housing market. The median price of a home increased by 2%, $580,000 total. There were 6% fewer closings this October when compared to last year. Year to date, home sales in the Denver Metro area are down 19% from last year. [...]
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 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 contracts for June 15, 2023 was lower by 400 units against May 15, 2023. This predictor [...]
