It's that time of the month again! Take a look at the Denver Metro Area market statistics. Highlights Motivated Buyers: Lower interest rates and a drop in home prices have inspired buyers to re-enter the Denver Metro housing … [Read more...]
So, How’s the Market? May 2024
It's that time of the month again! Take a look at the Denver Metro Area market statistics. Highlights In May, seller's added 6,779 new listings to the market, 28% more than last May and 11% more than last month. This is the … [Read more...]
So, How’s the Market? | March 2024
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 … [Read more...]
So, How’s the Market? | November 2023
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 … [Read more...]
So, How’s The Market | September 2023
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 … [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? – 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? – 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...]